BWXT 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	13.18B EUR	17.83B EUR	18.73B EUR	15.8B EUR
Enterprise Value	14.44B EUR	19.25B EUR	20.24B EUR	17.32B EUR
Valuation Multiples
Trailing P/E	37.26x	50.21x	54.37x	62.34x
Forward P/E	27.5x	--	--	--
Price to Sales	3.75x	5.08x	5.55x	6.28x
Price to Book	9.88x	13.36x	14.63x	12.82x
EV/Revenue	4.11x	5.48x	5.99x	6.88x
EV/EBITDA	30.31x	33.07x	35.61x	40.54x
Price to FCF (P/FCF)	90.49x	56.3x	57.1x	56.84x
EV/FCF	99.17x	60.76x	61.69x	62.3x
FCF Yield	1.11%	1.78%	1.75%	1.76%