4991.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	61.93B EUR	64.17B EUR	47.17B EUR	26.36B EUR
Enterprise Value	59.66B EUR	62.17B EUR	45.62B EUR	25.38B EUR
Valuation Multiples
Trailing P/E	156.75x	165.21x	161.23x	273.26x
Forward P/E	38.54x	--	--	--
Price to Sales	22.8x	23.62x	19.36x	15.31x
Price to Book	13.91x	14.43x	11.06x	8.12x
EV/Revenue	21.96x	22.88x	18.72x	14.74x
EV/EBITDA	90.23x	101.79x	96.07x	130.1x
Price to FCF (P/FCF)	120.81x	101.59x	94.58x	59.04x
EV/FCF	116.39x	98.41x	91.48x	56.86x
FCF Yield	0.83%	0.98%	1.06%	1.69%