AWC-R.BK 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	98.64B EUR	65.33B EUR	65.33B EUR	89B EUR
Enterprise Value	191.81B EUR	158.48B EUR	154.89B EUR	178.83B EUR
Valuation Multiples
Trailing P/E	15.4x	10.1x	10.2x	20.14x
Forward P/E	--	--	--	--
Price to Sales	5.39x	3.6x	3.65x	7x
Price to Book	1.02x	0.68x	0.67x	0.93x
EV/Revenue	10.47x	8.74x	8.64x	14.06x
EV/EBITDA	30.61x	24.37x	24.1x	40.45x
Price to FCF (P/FCF)	--	28.14x	38x	158.11x
EV/FCF	--	68.25x	90.09x	317.7x
FCF Yield	-0.33%	3.55%	2.63%	0.63%