ETIHADENERGY.AE 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	9.95B EUR	9.14B EUR	5.29B EUR	6.53B EUR
Enterprise Value	8.66B EUR	10.15B EUR	6.31B EUR	7.53B EUR
Valuation Multiples
Trailing P/E	149.5x	207.92x	130.82x	316.29x
Forward P/E	--	--	--	--
Price to Sales	26.63x	19.97x	13.51x	23.18x
Price to Book	5.99x	7.12x	4.34x	5.11x
EV/Revenue	23.19x	22.17x	16.11x	26.73x
EV/EBITDA	42.72x	35.94x	25.94x	44.08x
Price to FCF (P/FCF)	--	232.95x	721.97x	--
EV/FCF	--	258.6x	860.66x	--
FCF Yield	--	0.43%	0.14%	-0.06%