ERES.QA 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	20.69B EUR	22.6B EUR	21.14B EUR	28.06B EUR
Enterprise Value	31.33B EUR	33.26B EUR	32.05B EUR	39.29B EUR
Valuation Multiples
Trailing P/E	--	--	1,002.96x	--
Forward P/E	1.13x	--	--	--
Price to Sales	10.86x	16.51x	15.48x	20.75x
Price to Book	0.61x	0.66x	0.63x	0.84x
EV/Revenue	16.45x	24.3x	23.47x	29.05x
EV/EBITDA	22.05x	--	768.19x	960.84x
Price to FCF (P/FCF)	56.51x	20.85x	19.43x	26.17x
EV/FCF	85.58x	30.69x	29.46x	36.63x
FCF Yield	1.77%	4.8%	5.15%	3.82%