EQH 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	14.43B EUR	11.98B EUR	10.45B EUR	13.5B EUR
Enterprise Value	5.71B EUR	1.77B EUR	7.47B EUR	7.6B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	5.92x	--	--	--
Price to Sales	1.36x	1.13x	0.92x	1.9x
Price to Book	--	--	38.27x	--
EV/Revenue	0.54x	0.17x	0.66x	1.07x
EV/EBITDA	11.71x	--	--	--
Price to FCF (P/FCF)	--	9.07x	10.22x	25.38x
EV/FCF	--	1.34x	7.31x	14.29x
FCF Yield	-61.13%	11.02%	9.78%	3.94%