SMTI 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	322.22M EUR	216.87M EUR	157.46M EUR	208.91M EUR
Enterprise Value	355.14M EUR	249.98M EUR	192.23M EUR	240.52M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	64.94x	--	--	--
Price to Sales	2.93x	1.97x	1.46x	2.62x
Price to Book	40.59x	27.3x	22.4x	35.18x
EV/Revenue	3.23x	2.28x	1.79x	3.02x
EV/EBITDA	27.86x	21.31x	14.65x	23.28x
Price to FCF (P/FCF)	56.54x	48.15x	47x	35.66x
EV/FCF	62.32x	55.5x	57.38x	41.05x
FCF Yield	1.77%	2.08%	2.13%	2.8%