VOW3.DE 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	34.09B EUR	35.14B EUR	43.31B EUR	51.91B EUR
Enterprise Value	262.96B EUR	192.88B EUR	190.37B EUR	209.47B EUR
Valuation Multiples
Trailing P/E	6.68x	5.76x	6.1x	6.8x
Forward P/E	3.09x	--	--	--
Price to Sales	0.11x	0.15x	0.18x	0.21x
Price to Book	0.19x	0.19x	0.23x	0.28x
EV/Revenue	0.82x	0.8x	0.79x	0.87x
EV/EBITDA	13.64x	4.91x	4.94x	5.5x
Price to FCF (P/FCF)	2.42x	--	--	--
EV/FCF	18.64x	--	--	--
FCF Yield	41.39%	-20.47%	-19.48%	-20.68%