CXSE3.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	62.61B EUR	59.13B EUR	55.05B EUR	49.86B EUR
Enterprise Value	62.95B EUR	59.13B EUR	55.05B EUR	49.86B EUR
Valuation Multiples
Trailing P/E	13.82x	13.07x	12.54x	15.38x
Forward P/E	12.16x	--	--	--
Price to Sales	10.44x	23.71x	22.35x	27.06x
Price to Book	4.54x	4.29x	4x	3.68x
EV/Revenue	10.5x	23.71x	22.35x	27.06x
EV/EBITDA	12.89x	--	--	--
Price to FCF (P/FCF)	20.36x	16.01x	16.29x	17.13x
EV/FCF	20.48x	16.01x	16.29x	17.13x
FCF Yield	4.91%	6.24%	6.14%	5.84%