DAN 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	3.16B EUR	2.93B EUR	3.66B EUR	2.67B EUR
Enterprise Value	4.36B EUR	4.1B EUR	4.72B EUR	5.72B EUR
Valuation Multiples
Trailing P/E	--	2.63x	3.19x	44.46x
Forward P/E	7.26x	--	--	--
Price to Sales	0.41x	0.38x	0.48x	0.47x
Price to Book	1.64x	1.52x	1.87x	3.18x
EV/Revenue	0.57x	0.53x	0.62x	1x
EV/EBITDA	6.5x	5.82x	7.4x	12.11x
Price to FCF (P/FCF)	5x	25.02x	25.26x	6.64x
EV/FCF	6.9x	35.04x	32.55x	14.22x
FCF Yield	20%	4%	3.96%	15.07%