4150.SR 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	3.85B EUR	4.19B EUR	4.4B EUR	5.24B EUR
Enterprise Value	2.78B EUR	4.12B EUR	4.27B EUR	5.26B EUR
Valuation Multiples
Trailing P/E	10.97x	14.08x	14.44x	20.62x
Forward P/E	11.04x	--	--	--
Price to Sales	9.17x	9.98x	10.5x	16.65x
Price to Book	0.92x	1x	1.05x	1.27x
EV/Revenue	6.62x	9.82x	10.2x	16.71x
EV/EBITDA	12.41x	11.44x	12.23x	18.75x
Price to FCF (P/FCF)	19.21x	62.54x	42.53x	75.79x
EV/FCF	13.86x	61.54x	41.29x	76.05x
FCF Yield	5.2%	1.6%	2.35%	1.32%