GSBD 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	987.23M EUR	1.07B EUR	999.61M EUR	1.04B EUR
Enterprise Value	2.84B EUR	2.91B EUR	2.86B EUR	2.88B EUR
Valuation Multiples
Trailing P/E	16.87x	18.25x	13.49x	11.91x
Forward P/E	7.63x	--	--	--
Price to Sales	2.9x	15.02x	11.54x	10.77x
Price to Book	0.73x	0.79x	0.73x	0.73x
EV/Revenue	8.34x	40.89x	33.01x	29.7x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	11.18x	13.11x	4.94x	5.45x
EV/FCF	32.13x	35.68x	14.14x	15.01x
FCF Yield	8.95%	7.63%	20.23%	18.36%