HAPPYFORGE.NS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	181.5B EUR	145B EUR	109.08B EUR
Enterprise Value	180.64B EUR	145B EUR	112.12B EUR
Valuation Multiples
Trailing P/E	55.57x	45.36x	36.87x
Forward P/E	38.06x	--	--
Price to Sales	11.05x	8.96x	7.17x
Price to Book	8.52x	--	5.13x
EV/Revenue	11x	8.96x	7.37x
EV/EBITDA	35.53x	27.29x	22.8x
Price to FCF (P/FCF)	--	--	--
EV/FCF	--	--	--
FCF Yield	--	--	--