4260.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	2.65B EUR	3.16B EUR	4.34B EUR	4.88B EUR
Enterprise Value	4.4B EUR	4.86B EUR	5.97B EUR	6.54B EUR
Valuation Multiples
Trailing P/E	8.63x	10.34x	14.58x	18.55x
Forward P/E	4.87x	--	--	--
Price to Sales	1.05x	1.25x	1.79x	2.6x
Price to Book	0.89x	1.06x	1.46x	1.66x
EV/Revenue	1.74x	1.93x	2.46x	3.49x
EV/EBITDA	5.16x	5.9x	7.1x	10.44x
Price to FCF (P/FCF)	4.44x	17.23x	38.52x	64.23x
EV/FCF	7.35x	26.55x	53.03x	86.17x
FCF Yield	22.54%	5.8%	2.6%	1.56%