MG.TO 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	24.41B EUR	24.95B EUR	21.32B EUR	20.51B EUR
Enterprise Value	29.49B EUR	29.99B EUR	26.42B EUR	25.58B EUR
Valuation Multiples
Trailing P/E	24.27x	32.78x	31.77x	30.02x
Forward P/E	8.22x	--	--	--
Price to Sales	0.57x	0.58x	0.5x	0.64x
Price to Book	1.5x	2.12x	1.79x	1.64x
EV/Revenue	0.69x	0.7x	0.62x	0.8x
EV/EBITDA	6.85x	6.54x	5.89x	7.27x
Price to FCF (P/FCF)	10.44x	7.78x	7.27x	8.28x
EV/FCF	12.62x	9.35x	9x	10.33x
FCF Yield	9.58%	12.85%	13.76%	12.07%