ABG 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	3.01B EUR	3.61B EUR	3.64B EUR	4.47B EUR
Enterprise Value	8.51B EUR	3.61B EUR	9.04B EUR	10.53B EUR
Valuation Multiples
Trailing P/E	6.24x	9.14x	6.64x	9.09x
Forward P/E	5.56x	--	--	--
Price to Sales	0.17x	0.27x	0.2x	0.25x
Price to Book	0.77x	--	0.93x	1.15x
EV/Revenue	0.47x	0.27x	0.5x	0.59x
EV/EBITDA	8.39x	4.77x	8.76x	9.72x
Price to FCF (P/FCF)	8.34x	7.41x	6.73x	7.85x
EV/FCF	23.61x	7.41x	16.73x	18.48x
FCF Yield	11.99%	13.5%	14.86%	12.75%