ARCC Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	13.33B EUR	13.3B EUR	12.94B EUR
Enterprise Value	28.91B EUR	28.69B EUR	28.28B EUR
Valuation Multiples
Trailing P/E	13.85x	13.86x	11.25x
Forward P/E	9.6x	--	--
Price to Sales	4.29x	11.33x	9.5x
Price to Book	0.96x	0.96x	0.92x
EV/Revenue	9.31x	24.44x	20.76x
EV/EBITDA	--	--	--
Price to FCF (P/FCF)	17.55x	--	--
EV/FCF	38.06x	--	--
FCF Yield	5.7%	-5.11%	-9.54%