GGPS3.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	13.39B EUR	8.72B EUR	12.56B EUR	12.12B EUR
Enterprise Value	14.97B EUR	10.88B EUR	15.06B EUR	14.56B EUR
Valuation Multiples
Trailing P/E	13.59x	9.52x	19.02x	22.53x
Forward P/E	11.75x	--	--	--
Price to Sales	0.75x	0.49x	0.71x	0.92x
Price to Book	2.98x	1.94x	3.05x	3.07x
EV/Revenue	0.83x	0.61x	0.85x	1.1x
EV/EBITDA	7.19x	3.56x	5.85x	7.4x
Price to FCF (P/FCF)	19.15x	10.1x	17.36x	19.4x
EV/FCF	21.42x	12.6x	20.81x	23.31x
FCF Yield	5.22%	9.9%	5.76%	5.15%