ELV Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	89.5B EUR	83.86B EUR	63.63B EUR
Enterprise Value	80.62B EUR	104.67B EUR	85.82B EUR
Valuation Multiples
Trailing P/E	18.27x	16.9x	12.14x
Forward P/E	13.95x	--	--
Price to Sales	0.45x	0.42x	0.32x
Price to Book	1.99x	1.87x	1.45x
EV/Revenue	0.4x	0.52x	0.43x
EV/EBITDA	9.69x	--	--
Price to FCF (P/FCF)	20.78x	13.33x	9.87x
EV/FCF	18.72x	16.64x	13.31x
FCF Yield	4.81%	7.5%	10.14%