BOOT 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	3.63B EUR	4.98B EUR	4.45B EUR	5.37B EUR
Enterprise Value	4.35B EUR	5.65B EUR	5.08B EUR	5.88B EUR
Valuation Multiples
Trailing P/E	15.18x	20.54x	19.69x	29.61x
Forward P/E	12.04x	--	--	--
Price to Sales	1.55x	2.13x	1.97x	3.13x
Price to Book	2.75x	3.67x	3.37x	4.19x
EV/Revenue	1.86x	2.41x	2.25x	3.43x
EV/EBITDA	11.2x	13.89x	13.34x	19.51x
Price to FCF (P/FCF)	286.47x	42.8x	35.28x	31.14x
EV/FCF	342.96x	48.53x	40.3x	34.06x
FCF Yield	0.35%	2.34%	2.83%	3.21%