EQTL.TA 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	3.61B EUR	382.93B EUR	491.39B EUR	598.74B EUR
Enterprise Value	15.31B EUR	389.61B EUR	497.9B EUR	605.23B EUR
Valuation Multiples
Trailing P/E	5.35x	660.82x	880.9x	1,275.32x
Forward P/E	--	--	--	--
Price to Sales	1.12x	108.58x	136.69x	216.94x
Price to Book	47.79x	58.12x	76.88x	95.28x
EV/Revenue	4.74x	110.48x	138.5x	219.29x
EV/EBITDA	8.82x	194.31x	254.19x	393.09x
Price to FCF (P/FCF)	8.99x	343.03x	402.2x	617.77x
EV/FCF	38.13x	349.02x	407.53x	624.46x
FCF Yield	11.12%	0.29%	0.25%	0.16%