AXIA3.SA 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	137.29B EUR	123.82B EUR	131.7B EUR	113.79B EUR
Enterprise Value	223.17B EUR	186.67B EUR	195.4B EUR	174.64B EUR
Valuation Multiples
Trailing P/E	13.82x	10.27x	13.8x	16.46x
Forward P/E	10.04x	--	--	--
Price to Sales	3.08x	2.78x	3.02x	3.69x
Price to Book	1.4x	1.01x	1.09x	0.96x
EV/Revenue	5.01x	4.19x	4.48x	5.66x
EV/EBITDA	12.43x	10.49x	14.43x	24.19x
Price to FCF (P/FCF)	108.56x	8.96x	11.58x	12.47x
EV/FCF	176.46x	13.5x	17.18x	19.14x
FCF Yield	0.92%	11.17%	8.63%	8.02%