3264.TWO Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	121.32B EUR	105.21B EUR	73.69B EUR	59B EUR
Enterprise Value	133.62B EUR	118.96B EUR	82.77B EUR	68.54B EUR
Valuation Multiples
Trailing P/E	32.53x	35.92x	31.55x	29.31x
Forward P/E	18.15x	--	--	--
Price to Sales	7.63x	8.54x	6.58x	5.65x
Price to Book	6.18x	5.36x	3.64x	3.07x
EV/Revenue	8.4x	9.66x	7.39x	6.57x
EV/EBITDA	18.31x	18.48x	14.79x	13.36x
Price to FCF (P/FCF)	--	--	52.97x	43.86x
EV/FCF	--	--	59.49x	50.94x
FCF Yield	-3%	-3.32%	1.89%	2.28%