ESQ 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	1.44B EUR	1.03B EUR	928.48M EUR	872.94M EUR
Enterprise Value	1.15B EUR	788.05M EUR	706.26M EUR	637.06M EUR
Valuation Multiples
Trailing P/E	19.57x	19.54x	17.98x	22.15x
Forward P/E	13.91x	--	--	--
Price to Sales	9.61x	6.46x	6.06x	7.74x
Price to Book	3.13x	3.28x	3.08x	3.01x
EV/Revenue	7.67x	4.94x	4.61x	5.65x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	16.02x	15.72x	21.72x
EV/FCF	--	12.25x	11.95x	15.85x
FCF Yield	--	6.24%	6.36%	4.6%