FLR 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	6.78B EUR	7.1B EUR	6.6B EUR	6.03B EUR
Enterprise Value	4.95B EUR	5.25B EUR	4.49B EUR	4.96B EUR
Valuation Multiples
Trailing P/E	--	--	18.87x	--
Forward P/E	14.99x	--	--	--
Price to Sales	0.44x	0.46x	0.43x	0.52x
Price to Book	2.56x	2.64x	2.3x	1.86x
EV/Revenue	0.32x	0.34x	0.3x	0.43x
EV/EBITDA	-21.25x	--	--	--
Price to FCF (P/FCF)	315.26x	--	--	--
EV/FCF	230.24x	--	--	--
FCF Yield	0.32%	-4.65%	-0.62%	-2.32%