BEKE Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	19.6B EUR	48.35B EUR	50.38B EUR
Enterprise Value	-13.57B EUR	55.35B EUR	55.58B EUR
Valuation Multiples
Trailing P/E	29.73x	10.25x	14.85x
Forward P/E	14.11x	--	--
Price to Sales	0.22x	0.55x	0.56x
Price to Book	2.03x	0.74x	0.78x
EV/Revenue	-0.15x	0.62x	0.62x
EV/EBITDA	-2.31x	7.79x	12.63x
Price to FCF (P/FCF)	4.51x	6.86x	33.37x
EV/FCF	-3.12x	7.85x	36.81x
FCF Yield	22.18%	14.58%	3%