ALSN 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	9.07B EUR	9.32B EUR	9.72B EUR	8.11B EUR
Enterprise Value	12.81B EUR	13.03B EUR	13.68B EUR	9.5B EUR
Valuation Multiples
Trailing P/E	17.47x	17.62x	17.9x	18.81x
Forward P/E	9.71x	--	--	--
Price to Sales	2.06x	2.12x	2.66x	3.61x
Price to Book	4.59x	4.71x	5.11x	4.34x
EV/Revenue	2.91x	2.96x	3.75x	4.24x
EV/EBITDA	10.81x	12.05x	13.55x	12.91x
Price to FCF (P/FCF)	43x	12.65x	15.96x	16.03x
EV/FCF	60.69x	17.69x	22.46x	18.78x
FCF Yield	2.33%	7.91%	6.27%	6.24%