GGBR4.SA 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	50.4B EUR	41.17B EUR	37.38B EUR	40.27B EUR
Enterprise Value	58.54B EUR	41.17B EUR	47.48B EUR	49.92B EUR
Valuation Multiples
Trailing P/E	22.34x	18.3x	22.69x	62.37x
Forward P/E	8.94x	--	--	--
Price to Sales	0.72x	0.8x	0.54x	0.58x
Price to Book	0.94x	--	0.71x	0.75x
EV/Revenue	0.84x	0.8x	0.69x	0.71x
EV/EBITDA	5.86x	3.88x	4.85x	6.99x
Price to FCF (P/FCF)	19.03x	13.3x	15.51x	35.5x
EV/FCF	22.11x	13.3x	19.7x	43.99x
FCF Yield	5.25%	7.52%	6.45%	2.82%