NRE.KW 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	266.5M EUR	251.92B EUR	143.93B EUR	151.05B EUR
Enterprise Value	354.79M EUR	252.03B EUR	144.07B EUR	151.19B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	--	--	--	--
Price to Sales	-8.71x	70,387.48x	40,558.07x	55,184.61x
Price to Book	1,015.87x	961.93x	560.15x	461.21x
EV/Revenue	-11.6x	70,418.4x	40,597.04x	55,234.11x
EV/EBITDA	-9.03x	--	--	--
Price to FCF (P/FCF)	--	73,260.11x	--	--
EV/FCF	--	73,292.3x	--	--
FCF Yield	-6.82%	0%	-0%	-0%