SRE.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	222.9M EUR	237.92B EUR	237.32B EUR	235.03B EUR
Enterprise Value	557.19M EUR	238.25B EUR	237.64B EUR	235.34B EUR
Valuation Multiples
Trailing P/E	18.55x	20,298.88x	33,414.97x	50,379.66x
Forward P/E	--	--	--	--
Price to Sales	4.61x	4,924.5x	4,952.94x	6,674.87x
Price to Book	1,236.67x	1,318.74x	1,295.08x	1,294.34x
EV/Revenue	11.53x	4,931.4x	4,959.65x	6,683.72x
EV/EBITDA	18.33x	6,810.78x	7,887.9x	10,793.93x
Price to FCF (P/FCF)	--	9,403.66x	10,773.46x	10,594.91x
EV/FCF	--	9,416.84x	10,788.06x	10,608.98x
FCF Yield	-4.28%	0.01%	0.01%	0.01%