DUK 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	90.95B EUR	98.61B EUR	101.9B EUR	91.15B EUR
Enterprise Value	185.72B EUR	98.61B EUR	190.97B EUR	181.77B EUR
Valuation Multiples
Trailing P/E	17.57x	23.73x	19.83x	18.35x
Forward P/E	16.27x	--	--	--
Price to Sales	2.77x	3.84x	3.07x	2.83x
Price to Book	1.69x	--	1.87x	1.76x
EV/Revenue	5.66x	3.84x	5.76x	5.64x
EV/EBITDA	11.18x	7.65x	11.32x	10.9x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-4.92%	-2.92%	-3.24%	-1.86%