8010.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	19.55B EUR	14.69B EUR	12.78B EUR	11.68B EUR
Enterprise Value	14.13B EUR	13.47B EUR	11.75B EUR	10.68B EUR
Valuation Multiples
Trailing P/E	19.91x	14.93x	11.32x	13.89x
Forward P/E	11.4x	--	--	--
Price to Sales	0.92x	0.69x	0.63x	0.78x
Price to Book	3.45x	2.59x	2.26x	2.18x
EV/Revenue	0.67x	0.63x	0.58x	0.72x
EV/EBITDA	10.93x	--	--	--
Price to FCF (P/FCF)	--	14.82x	27.8x	42.98x
EV/FCF	--	13.59x	25.55x	39.28x
FCF Yield	-23.8%	6.75%	3.6%	2.33%