3293.TWO 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	222.06B EUR	222.34B EUR	212.2B EUR	203.18B EUR
Enterprise Value	196.7B EUR	214.34B EUR	210.44B EUR	202.09B EUR
Valuation Multiples
Trailing P/E	18.52x	23.64x	24.72x	25.21x
Forward P/E	14.42x	--	--	--
Price to Sales	9.35x	12.1x	12.09x	12.2x
Price to Book	14.69x	14.71x	17.63x	10.66x
EV/Revenue	8.28x	11.67x	11.99x	12.14x
EV/EBITDA	13.93x	18.55x	20.01x	20.47x
Price to FCF (P/FCF)	18.3x	17.41x	18.31x	18.43x
EV/FCF	16.21x	16.79x	18.15x	18.33x
FCF Yield	5.47%	5.74%	5.46%	5.43%