HOT.DE 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	29.33B EUR	38.15B EUR	28.8B EUR	25.36B EUR
Enterprise Value	30.39B EUR	30.82B EUR	23.74B EUR	27.6B EUR
Valuation Multiples
Trailing P/E	33.9x	42.92x	35.8x	42.65x
Forward P/E	21.14x	--	--	--
Price to Sales	0.73x	0.95x	0.74x	0.86x
Price to Book	22.64x	29.44x	18.7x	20x
EV/Revenue	0.76x	0.77x	0.61x	0.94x
EV/EBITDA	18.17x	13.14x	10.58x	16x
Price to FCF (P/FCF)	13.14x	20.45x	15.23x	10.03x
EV/FCF	13.62x	16.52x	12.55x	10.92x
FCF Yield	7.61%	4.89%	6.57%	9.97%