BBWI Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q3 '26 31.07.2026	Q2 '26 30.04.2026	Q1 '26 31.01.2026	Q4 '25 31.10.2025
Market & Enterprise Value
Market Cap	3.5B EUR	4.06B EUR	3.91B EUR	4.38B EUR	5.02B EUR
Enterprise Value	7.52B EUR	8.01B EUR	7.81B EUR	8.38B EUR	9.76B EUR
Valuation Multiples
Trailing P/E	4.56x	5.19x	5.38x	8.05x	35.59x
Forward P/E	6.22x	--	--	--	--
Price to Sales	0.49x	0.56x	0.54x	0.75x	1.6x
Price to Book	--	--	--	--	--
EV/Revenue	1.04x	1.11x	1.08x	1.43x	3.11x
EV/EBITDA	5.72x	5.39x	5.48x	7.42x	21.18x
Price to FCF (P/FCF)	4.57x	3.93x	4.31x	6.14x	--
EV/FCF	9.84x	7.76x	8.59x	11.74x	--
FCF Yield	21.87%	25.42%	23.22%	16.29%	-1.99%