CHEF 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	4.66B EUR	3.92B EUR	2.42B EUR	2.54B EUR
Enterprise Value	5.36B EUR	4.73B EUR	3.28B EUR	3.39B EUR
Valuation Multiples
Trailing P/E	53.17x	42.62x	30.49x	40.85x
Forward P/E	37.38x	--	--	--
Price to Sales	1.06x	0.89x	0.57x	0.79x
Price to Book	7.19x	6.05x	3.98x	4.2x
EV/Revenue	1.22x	1.08x	0.77x	1.06x
EV/EBITDA	20.56x	18.48x	13.9x	18.61x
Price to FCF (P/FCF)	43.53x	31.16x	29.86x	50.14x
EV/FCF	49.99x	37.61x	40.4x	67.02x
FCF Yield	2.3%	3.21%	3.35%	1.99%