KELYA 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	541.47M EUR	426.07M EUR	306.17M EUR	300.92M EUR
Enterprise Value	666.12M EUR	530.57M EUR	464.47M EUR	427.02M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	8.57x	--	--	--
Price to Sales	0.13x	0.1x	0.07x	0.1x
Price to Book	0.55x	0.43x	0.32x	0.31x
EV/Revenue	0.16x	0.13x	0.11x	0.14x
EV/EBITDA	9.23x	8.19x	6.77x	7.29x
Price to FCF (P/FCF)	7.24x	20.78x	4.62x	3.25x
EV/FCF	8.9x	25.88x	7.02x	4.61x
FCF Yield	13.82%	4.81%	21.62%	30.81%