6004.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	4.93B EUR	6.14B EUR	5.67B EUR	6.59B EUR
Enterprise Value	5.88B EUR	7.04B EUR	6.41B EUR	7.06B EUR
Valuation Multiples
Trailing P/E	16.38x	20.36x	17.77x	27.59x
Forward P/E	12.57x	--	--	--
Price to Sales	1.87x	2.33x	2.26x	3.56x
Price to Book	3.07x	3.82x	3.63x	4.18x
EV/Revenue	2.23x	2.68x	2.55x	3.81x
EV/EBITDA	12.91x	12.12x	11.63x	17.78x
Price to FCF (P/FCF)	19.38x	15.82x	32.27x	180.6x
EV/FCF	23.12x	18.16x	36.48x	193.39x
FCF Yield	5.16%	6.32%	3.1%	0.55%