FSK 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	3B EUR	2.94B EUR	2.85B EUR	4.15B EUR
Enterprise Value	9.49B EUR	9.3B EUR	9.99B EUR	11.57B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	7.21x	--	--	--
Price to Sales	2.28x	--	--	--
Price to Book	0.59x	0.57x	0.54x	0.71x
EV/Revenue	7.22x	--	--	--
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	9.48x	1.53x	2.27x	4.11x
EV/FCF	30.04x	4.84x	7.96x	11.46x
FCF Yield	10.55%	65.48%	44.02%	24.35%