7F8.F 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	3.85B EUR	3.53B EUR	3.6B EUR	3.86B EUR
Enterprise Value	14.34B EUR	14.35B EUR	-21.8B EUR	-5.81B EUR
Valuation Multiples
Trailing P/E	28.8x	0.66x	0.39x	0.56x
Forward P/E	--	--	--	--
Price to Sales	0.01x	0.01x	0.01x	0.01x
Price to Book	1.2x	0.03x	0.03x	0.03x
EV/Revenue	0.02x	0.02x	-0.03x	-0.01x
EV/EBITDA	1.51x	0.83x	-0.99x	-0.4x
Price to FCF (P/FCF)	--	--	0.15x	0.87x
EV/FCF	--	--	-0.89x	-1.32x
FCF Yield	-640.62%	-600.21%	683.35%	114.32%