7020.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	48.97B EUR	46.4B EUR	50.12B EUR	50.66B EUR
Enterprise Value	54.8B EUR	52.57B EUR	56.29B EUR	56.91B EUR
Valuation Multiples
Trailing P/E	13.46x	16.97x	18.82x	19.86x
Forward P/E	16.92x	--	--	--
Price to Sales	2.43x	3.03x	3.33x	3.42x
Price to Book	2.35x	2.22x	2.51x	2.49x
EV/Revenue	2.72x	3.43x	3.74x	3.85x
EV/EBITDA	7.5x	8.52x	9.26x	9.62x
Price to FCF (P/FCF)	19.16x	22.99x	22.23x	19.74x
EV/FCF	21.44x	26.05x	24.96x	22.18x
FCF Yield	5.22%	4.35%	4.5%	5.07%