GWIND.IS 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	10.93B EUR	13.76B EUR	15.77B EUR	12.06B EUR
Enterprise Value	13.07B EUR	16.7B EUR	18.51B EUR	14.21B EUR
Valuation Multiples
Trailing P/E	5.01x	6.35x	17.07x	15.88x
Forward P/E	--	--	--	--
Price to Sales	4.43x	5.07x	5.01x	4.91x
Price to Book	0.61x	0.77x	1.01x	0.85x
EV/Revenue	5.29x	6.15x	5.88x	5.79x
EV/EBITDA	8.8x	7.79x	7.59x	7.69x
Price to FCF (P/FCF)	--	--	195.51x	123.09x
EV/FCF	--	--	229.5x	144.99x
FCF Yield	-2.94%	-3.65%	0.51%	0.81%