SDEV 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	79.7M EUR	53.12M EUR	39.81M EUR	711.09M EUR
Enterprise Value	93.76M EUR	46.15M EUR	22.04M EUR	703.91M EUR
Valuation Multiples
Trailing P/E	--	0.11x	0.08x	--
Forward P/E	--	--	--	--
Price to Sales	-3.42x	11.38x	16.16x	--
Price to Book	0.61x	0.42x	0.29x	--
EV/Revenue	-4.03x	9.88x	8.95x	--
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-24.94%	-23.25%	-22.38%	-1%