EQX.TO 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	19.05B EUR	10.91B EUR	15.85B EUR	15.15B EUR
Enterprise Value	18.78B EUR	11.17B EUR	16.1B EUR	16.38B EUR
Valuation Multiples
Trailing P/E	24.73x	13.4x	26.11x	51.04x
Forward P/E	7.76x	--	--	--
Price to Sales	6.58x	4.28x	7.69x	12.62x
Price to Book	1.42x	1.71x	2.59x	2.62x
EV/Revenue	6.48x	4.39x	7.81x	13.64x
EV/EBITDA	11.12x	7.17x	12.27x	20.4x
Price to FCF (P/FCF)	65.96x	60.91x	72.95x	91.67x
EV/FCF	65.02x	62.39x	74.11x	99.06x
FCF Yield	1.52%	1.64%	1.37%	1.09%