NIQ 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	5.34B EUR	2.76B EUR	3.36B EUR	4.86B EUR
Enterprise Value	--	6.14B EUR	6.81B EUR	8.22B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	14.02x	--	--	--
Price to Sales	--	0.63x	0.78x	1.5x
Price to Book	--	3.04x	3.66x	4.92x
EV/Revenue	--	1.4x	1.58x	2.54x
EV/EBITDA	--	7.15x	8.22x	13.29x
Price to FCF (P/FCF)	--	10.36x	26.03x	19.3x
EV/FCF	--	23.05x	52.87x	32.61x
FCF Yield	--	9.65%	3.84%	5.18%