DIC.AE 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	15.95B EUR	15.77B EUR	16.07B EUR	15.22B EUR
Enterprise Value	18.26B EUR	20.62B EUR	20.06B EUR	19.6B EUR
Valuation Multiples
Trailing P/E	9.62x	9.33x	10.37x	11.04x
Forward P/E	22.06x	--	--	--
Price to Sales	4.06x	4.4x	4.59x	5.64x
Price to Book	1.1x	1.09x	1.07x	1.02x
EV/Revenue	4.65x	5.75x	5.73x	7.26x
EV/EBITDA	13.89x	9.35x	9.41x	11.14x
Price to FCF (P/FCF)	21.59x	15.31x	13.71x	20.99x
EV/FCF	24.72x	20.01x	17.11x	27.02x
FCF Yield	4.63%	6.53%	7.29%	4.76%