CRT-UN.TO 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	4.1B EUR	4.34B EUR	3.94B EUR	3.87B EUR
Enterprise Value	9.78B EUR	6.1B EUR	5.65B EUR	5.62B EUR
Valuation Multiples
Trailing P/E	8.99x	10.01x	9.61x	9.68x
Forward P/E	12.91x	--	--	--
Price to Sales	6.64x	9.28x	8.57x	8.55x
Price to Book	2x	2.12x	1.96x	1.96x
EV/Revenue	15.82x	13.05x	12.28x	12.41x
EV/EBITDA	--	17.46x	16.41x	16.59x
Price to FCF (P/FCF)	16.02x	13.11x	12.07x	12.29x
EV/FCF	38.17x	18.43x	17.31x	17.85x
FCF Yield	6.24%	7.63%	8.28%	8.13%