COLL 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	719.15M EUR	1.18B EUR	1.07B EUR	1.47B EUR
Enterprise Value	1.81B EUR	2.14B EUR	1.61B EUR	2.05B EUR
Valuation Multiples
Trailing P/E	17.39x	24.55x	14.3x	24.28x
Forward P/E	3.33x	--	--	--
Price to Sales	0.89x	1.46x	1.35x	2.44x
Price to Book	2.3x	3.77x	3.43x	4.87x
EV/Revenue	2.24x	2.65x	2.02x	3.4x
EV/EBITDA	4.46x	5.31x	3.78x	6.1x
Price to FCF (P/FCF)	2.22x	3.58x	3.25x	5.38x
EV/FCF	5.58x	6.53x	4.88x	7.52x
FCF Yield	45.06%	27.9%	30.78%	18.59%