GISS.QA 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	2.92B EUR	3.96B EUR	3.7B EUR	4.75B EUR
Enterprise Value	6.94B EUR	8.79B EUR	8.54B EUR	9.63B EUR
Valuation Multiples
Trailing P/E	8.72x	23.15x	10.12x	9.27x
Forward P/E	3.57x	--	--	--
Price to Sales	0.69x	1.28x	1.14x	1.42x
Price to Book	0.65x	0.88x	0.82x	1.03x
EV/Revenue	1.63x	2.83x	2.63x	2.88x
EV/EBITDA	7.57x	8.12x	6.31x	6.4x
Price to FCF (P/FCF)	27.86x	36.15x	12.05x	13.55x
EV/FCF	66.22x	80.2x	27.81x	27.48x
FCF Yield	3.59%	2.77%	8.3%	7.38%