FIS 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	17.59B EUR	20.06B EUR	24.25B EUR	34.16B EUR
Enterprise Value	38.22B EUR	40.57B EUR	44.64B EUR	46.89B EUR
Valuation Multiples
Trailing P/E	5.23x	5.95x	9.08x	112.37x
Forward P/E	5.09x	--	--	--
Price to Sales	1.44x	1.64x	2.12x	4.19x
Price to Book	1.1x	1.25x	1.52x	2.46x
EV/Revenue	3.13x	3.33x	3.9x	5.76x
EV/EBITDA	10.85x	9.39x	11.48x	17.37x
Price to FCF (P/FCF)	6.63x	10.44x	11.8x	21.31x
EV/FCF	14.41x	21.12x	21.72x	29.25x
FCF Yield	15.08%	9.58%	8.47%	4.69%