AAYAN.KW 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	185.93M EUR	185.27B EUR	141.44B EUR	152.73B EUR
Enterprise Value	256.69M EUR	185.33B EUR	141.48B EUR	152.75B EUR
Valuation Multiples
Trailing P/E	14x	15,692.89x	15,162.12x	20,006.63x
Forward P/E	--	--	--	--
Price to Sales	4.75x	4,004.63x	3,758.9x	5,429.24x
Price to Book	1,530.05x	1,520.58x	1,226.73x	1,285.42x
EV/Revenue	6.56x	4,005.92x	3,759.86x	5,430.02x
EV/EBITDA	8.37x	6,319.51x	5,195.86x	8,003.38x
Price to FCF (P/FCF)	--	36,554.34x	32,082.35x	24,698.02x
EV/FCF	--	36,566.13x	32,090.59x	24,701.57x
FCF Yield	--	0%	0%	0%