ET 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	70.28B EUR	--	--	--
Enterprise Value	159.37B EUR	--	--	--
Valuation Multiples
Trailing P/E	13.98x	--	--	--
Forward P/E	11.7x	--	--	--
Price to Sales	0.65x	--	--	--
Price to Book	2.2x	--	--	--
EV/Revenue	1.48x	--	--	--
EV/EBITDA	9.29x	--	--	--
Price to FCF (P/FCF)	22.25x	--	--	--
EV/FCF	50.45x	--	--	--
FCF Yield	4.5%	--	--	--