FLG 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	4.7B EUR	6.23B EUR	5.49B EUR	5.24B EUR
Enterprise Value	11.47B EUR	12.06B EUR	9.67B EUR	11.53B EUR
Valuation Multiples
Trailing P/E	377.33x	129.8x	--	--
Forward P/E	8.36x	--	--	--
Price to Sales	2.31x	2.98x	2.65x	3.33x
Price to Book	0.62x	0.77x	0.68x	0.64x
EV/Revenue	5.65x	5.77x	4.67x	7.33x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	91.62x	25.41x	14.79x
EV/FCF	--	177.34x	44.76x	32.56x
FCF Yield	--	1.09%	3.94%	6.76%