SYNA 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	4.76B EUR	4.85B EUR	2.71B EUR	2.87B EUR
Enterprise Value	5.09B EUR	5.25B EUR	3.15B EUR	3.26B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	18.22x	--	--	--
Price to Sales	3.97x	4.05x	2.31x	3.26x
Price to Book	5.04x	5.22x	2x	2.07x
EV/Revenue	4.25x	4.38x	2.68x	3.72x
EV/EBITDA	54.86x	49.32x	26.77x	33.89x
Price to FCF (P/FCF)	31.79x	47.86x	28.06x	33.01x
EV/FCF	34.02x	51.75x	32.53x	37.6x
FCF Yield	3.15%	2.09%	3.56%	3.03%