CENX 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	3.64B EUR	4.55B EUR	5.81B EUR	3.88B EUR
Enterprise Value	3.87B EUR	4.69B EUR	6.11B EUR	4.29B EUR
Valuation Multiples
Trailing P/E	6.35x	7.55x	16.62x	320.46x
Forward P/E	3.21x	--	--	--
Price to Sales	1.36x	1.71x	2.28x	2.05x
Price to Book	2.59x	3.25x	5.05x	4.81x
EV/Revenue	1.45x	1.76x	2.4x	2.27x
EV/EBITDA	8.08x	9.79x	21.83x	24.74x
Price to FCF (P/FCF)	--	30.12x	212.78x	115.06x
EV/FCF	--	31.03x	223.83x	127.35x
FCF Yield	-1.27%	3.32%	0.47%	0.87%