VWS.CO 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	184.74B EUR	181.38B EUR	187.48B EUR	171.74B EUR
Enterprise Value	186.39B EUR	181.46B EUR	187.22B EUR	170.75B EUR
Valuation Multiples
Trailing P/E	23.08x	164.44x	219.27x	222.17x
Forward P/E	15.29x	--	--	--
Price to Sales	9.1x	8.94x	9.7x	11.19x
Price to Book	6.3x	45.84x	47.86x	44.41x
EV/Revenue	9.18x	8.94x	9.69x	11.12x
EV/EBITDA	89.35x	99.7x	133.25x	137.37x
Price to FCF (P/FCF)	354.25x	163.55x	234.34x	133.44x
EV/FCF	357.4x	163.63x	234.03x	132.67x
FCF Yield	0.28%	0.61%	0.43%	0.75%