IQCD.QA Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	54.93B EUR	66.55B EUR	64.37B EUR
Enterprise Value	48.07B EUR	63.94B EUR	60.66B EUR
Valuation Multiples
Trailing P/E	20.63x	31.58x	17.81x
Forward P/E	10.68x	--	--
Price to Sales	3.98x	5.04x	4.24x
Price to Book	1.54x	1.86x	1.79x
EV/Revenue	3.49x	4.84x	4x
EV/EBITDA	13.25x	16.13x	11.05x
Price to FCF (P/FCF)	29.37x	34.2x	31.28x
EV/FCF	25.71x	32.86x	29.47x
FCF Yield	3.4%	2.92%	3.2%