DELTA.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	3.34T EUR	4.05T EUR	3.23T EUR	2.16T EUR
Enterprise Value	3.33T EUR	4.04T EUR	3.21T EUR	2.14T EUR
Valuation Multiples
Trailing P/E	111.67x	180.89x	154.09x	124.21x
Forward P/E	66.21x	--	--	--
Price to Sales	14.04x	22x	19.75x	14.89x
Price to Book	31.71x	38.46x	30.33x	22.31x
EV/Revenue	13.98x	21.92x	19.64x	14.76x
EV/EBITDA	81.76x	123.73x	104.76x	82.9x
Price to FCF (P/FCF)	545.2x	284.87x	310.39x	184.47x
EV/FCF	542.93x	283.9x	308.7x	182.86x
FCF Yield	0.18%	0.35%	0.32%	0.54%