ACLS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	4.16B EUR	5.85B EUR	2.86B EUR
Enterprise Value	3.79B EUR	5.74B EUR	2.75B EUR
Valuation Multiples
Trailing P/E	45.2x	63.05x	28.36x
Forward P/E	25.57x	--	--
Price to Sales	4.8x	6.76x	3.38x
Price to Book	3.9x	5.49x	2.74x
EV/Revenue	4.38x	6.62x	3.25x
EV/EBITDA	38.13x	44.47x	19.82x
Price to FCF (P/FCF)	98.97x	89.25x	32.33x
EV/FCF	90.16x	87.52x	31.1x
FCF Yield	1.01%	1.12%	3.09%