2283.SR 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	2.78B EUR	3.02B EUR	3.14B EUR	2.72B EUR
Enterprise Value	3.92B EUR	4.16B EUR	4.26B EUR	3.89B EUR
Valuation Multiples
Trailing P/E	9.52x	10.34x	11.29x	13.75x
Forward P/E	--	--	--	--
Price to Sales	2.2x	2.4x	2.62x	3.15x
Price to Book	2.49x	2.71x	2.98x	2.55x
EV/Revenue	3.11x	3.31x	3.56x	4.51x
EV/EBITDA	9.51x	9.89x	10.66x	13.52x
Price to FCF (P/FCF)	10.87x	8.74x	11.85x	13.51x
EV/FCF	15.34x	12.03x	16.09x	19.34x
FCF Yield	9.2%	11.44%	8.44%	7.4%