AUB 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	5.4B EUR	6B EUR	5.08B EUR	5B EUR
Enterprise Value	6.44B EUR	6.76B EUR	5.46B EUR	5.49B EUR
Valuation Multiples
Trailing P/E	11.18x	12.32x	14.67x	22.35x
Forward P/E	9.37x	--	--	--
Price to Sales	3.58x	3.92x	3.34x	4.33x
Price to Book	1.04x	1.17x	1x	1x
EV/Revenue	4.27x	4.41x	3.6x	4.75x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	11.47x	2.22x	2.31x
EV/FCF	--	12.9x	2.39x	2.53x
FCF Yield	--	8.72%	45.02%	43.27%