3624.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	20.53B EUR	17.89B EUR	5.32B EUR	6.85B EUR
Enterprise Value	19.21B EUR	17.24B EUR	4.78B EUR	6.27B EUR
Valuation Multiples
Trailing P/E	54.86x	47.7x	21.89x	44.23x
Forward P/E	40.14x	--	--	--
Price to Sales	6.91x	6.02x	1.91x	3.33x
Price to Book	5.75x	5.01x	1.49x	1.98x
EV/Revenue	6.46x	5.8x	1.72x	3.05x
EV/EBITDA	33.83x	24.55x	8.84x	17.17x
Price to FCF (P/FCF)	--	53.39x	16.12x	24.72x
EV/FCF	--	51.45x	14.51x	22.64x
FCF Yield	-0.36%	1.87%	6.2%	4.04%