IHRT 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	297.2M EUR	663.88M EUR	441.15M EUR	624.69M EUR
Enterprise Value	5.9B EUR	6.25B EUR	6.07B EUR	6.14B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-4.92x	--	--	--
Price to Sales	0.07x	0.17x	0.11x	0.2x
Price to Book	--	--	--	--
EV/Revenue	1.48x	1.57x	1.54x	2.01x
EV/EBITDA	10.69x	11.48x	10.84x	12.86x
Price to FCF (P/FCF)	1.55x	18.31x	--	6.82x
EV/FCF	30.88x	172.47x	--	67.06x
FCF Yield	64.34%	5.46%	-5.18%	14.66%