CCET-R.BK 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	104.5B EUR	73.15B EUR	73.15B EUR	73.15B EUR
Enterprise Value	122.31B EUR	90.95B EUR	85.81B EUR	86.89B EUR
Valuation Multiples
Trailing P/E	40x	33.7x	37.71x	50.88x
Forward P/E	--	--	--	--
Price to Sales	0.76x	0.53x	0.55x	0.7x
Price to Book	3.9x	2.73x	2.76x	2.95x
EV/Revenue	0.89x	0.66x	0.64x	0.84x
EV/EBITDA	23.63x	16.29x	15.8x	21.16x
Price to FCF (P/FCF)	--	--	53.45x	--
EV/FCF	--	--	62.7x	--
FCF Yield	-5.45%	-4.95%	1.87%	-0.21%