ACGL 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	32.59B EUR	33.1B EUR	33.87B EUR	34.44B EUR
Enterprise Value	33.3B EUR	36.27B EUR	35.69B EUR	36.17B EUR
Valuation Multiples
Trailing P/E	7.48x	7.05x	6.95x	9x
Forward P/E	9.77x	--	--	--
Price to Sales	1.69x	1.78x	1.78x	2.34x
Price to Book	1.4x	1.38x	1.4x	1.42x
EV/Revenue	1.73x	1.95x	1.87x	2.46x
EV/EBITDA	5.98x	--	--	--
Price to FCF (P/FCF)	7.58x	5.47x	5.78x	7.36x
EV/FCF	7.74x	5.99x	6.09x	7.73x
FCF Yield	13.2%	18.29%	17.3%	13.59%