AVB 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	26.28B EUR	--	--	--
Enterprise Value	35.55B EUR	--	--	--
Valuation Multiples
Trailing P/E	25.25x	--	--	--
Forward P/E	36.75x	--	--	--
Price to Sales	8.52x	--	--	--
Price to Book	2.17x	--	--	--
EV/Revenue	11.53x	--	--	--
EV/EBITDA	19.14x	--	--	--
Price to FCF (P/FCF)	18.65x	--	--	--
EV/FCF	25.23x	--	--	--
FCF Yield	5.36%	--	--	--