GAPB.MX 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	221.19B EUR	262.94B EUR	223.04B EUR	238B EUR
Enterprise Value	260.8B EUR	308.83B EUR	199.86B EUR	280.64B EUR
Valuation Multiples
Trailing P/E	18.31x	25.63x	22.26x	35.48x
Forward P/E	15.69x	--	--	--
Price to Sales	6.65x	6.24x	5.35x	7.84x
Price to Book	4.2x	4.99x	8.68x	10.59x
EV/Revenue	7.84x	7.33x	4.79x	9.25x
EV/EBITDA	11.6x	13.4x	8.85x	16.9x
Price to FCF (P/FCF)	32.07x	56.81x	25.07x	77.2x
EV/FCF	37.81x	66.72x	22.46x	91.03x
FCF Yield	3.12%	1.76%	3.99%	1.3%