CEL.TA Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	5.74B EUR	569.85B EUR	630.3B EUR
Enterprise Value	7.31B EUR	571.47B EUR	632.03B EUR
Valuation Multiples
Trailing P/E	9.66x	989.32x	1,117.55x
Forward P/E	30.36x	--	--
Price to Sales	1.38x	137.48x	148.52x
Price to Book	209.84x	210.04x	222.33x
EV/Revenue	1.76x	137.87x	148.92x
EV/EBITDA	7.93x	321.05x	353.68x
Price to FCF (P/FCF)	7.93x	941.9x	1,081.13x
EV/FCF	10.1x	944.59x	1,084.1x
FCF Yield	12.61%	0.11%	0.09%