RNST 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	3.57B EUR	3.89B EUR	3.36B EUR	3.33B EUR
Enterprise Value	3.82B EUR	4.11B EUR	2.94B EUR	3.31B EUR
Valuation Multiples
Trailing P/E	11.54x	12.38x	14.72x	23.85x
Forward P/E	9.93x	--	--	--
Price to Sales	3.36x	3.55x	3.08x	4.09x
Price to Book	0.92x	1x	0.87x	0.86x
EV/Revenue	3.59x	3.75x	2.7x	4.06x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	9.64x	11.73x	17.32x
EV/FCF	--	10.2x	10.27x	17.21x
FCF Yield	--	10.37%	8.53%	5.77%