4300.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	20.16B EUR	19.45B EUR	19.6B EUR	17.22B EUR
Enterprise Value	29.1B EUR	28.38B EUR	27.93B EUR	25.6B EUR
Valuation Multiples
Trailing P/E	16.97x	16.41x	16.55x	18.62x
Forward P/E	19.25x	--	--	--
Price to Sales	4.52x	4.36x	4.74x	5.8x
Price to Book	0.89x	0.86x	0.87x	0.77x
EV/Revenue	6.53x	6.37x	6.76x	8.63x
EV/EBITDA	15.32x	17.93x	18.47x	21.69x
Price to FCF (P/FCF)	32.45x	--	--	--
EV/FCF	46.83x	--	--	--
FCF Yield	3.08%	-17.8%	-17.24%	-20.93%