CMIN3.SA 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	26.91B EUR	22.58B EUR	26.89B EUR	29.6B EUR
Enterprise Value	28.52B EUR	23.78B EUR	27.34B EUR	30.05B EUR
Valuation Multiples
Trailing P/E	12.85x	13.8x	17.54x	31.06x
Forward P/E	11.48x	--	--	--
Price to Sales	1.55x	1.84x	2.12x	2.3x
Price to Book	3.69x	3.08x	3.8x	4.43x
EV/Revenue	1.64x	1.94x	2.16x	2.33x
EV/EBITDA	4.82x	4.09x	4.84x	5.68x
Price to FCF (P/FCF)	76.3x	--	--	--
EV/FCF	80.85x	--	--	--
FCF Yield	1.31%	-4.99%	-1.13%	-3.48%