AGESA.IS 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	41.51B EUR	45.05B EUR	41.08B EUR	39.82B EUR
Enterprise Value	17.59B EUR	30.38B EUR	30.19B EUR	30.92B EUR
Valuation Multiples
Trailing P/E	5.98x	6.48x	6.7x	9.11x
Forward P/E	12.73x	--	--	--
Price to Sales	0.79x	0.43x	0.41x	1.12x
Price to Book	3.26x	3.54x	3.96x	3.95x
EV/Revenue	0.34x	0.29x	0.3x	0.87x
EV/EBITDA	1.95x	--	--	--
Price to FCF (P/FCF)	--	4.39x	4.66x	7.18x
EV/FCF	--	2.96x	3.42x	5.58x
FCF Yield	-357.94%	22.77%	21.46%	13.93%