ENJSA.IS 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	133.93B EUR	120.94B EUR	135.23B EUR	106.71B EUR
Enterprise Value	201.94B EUR	204.2B EUR	206.31B EUR	171.76B EUR
Valuation Multiples
Trailing P/E	21.6x	22.41x	30.17x	43.86x
Forward P/E	18.03x	--	--	--
Price to Sales	0.57x	0.66x	0.72x	0.56x
Price to Book	1.4x	1.11x	1.34x	1.11x
EV/Revenue	0.85x	1.12x	1.1x	0.9x
EV/EBITDA	4.58x	4.04x	4.33x	4.97x
Price to FCF (P/FCF)	--	4.35x	3.36x	3.35x
EV/FCF	--	7.35x	5.13x	5.39x
FCF Yield	-21.08%	22.97%	29.73%	29.87%