KNX 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	10.49B EUR	12.67B EUR	9.36B EUR	8.49B EUR
Enterprise Value	13.1B EUR	15.17B EUR	11.8B EUR	10.95B EUR
Valuation Multiples
Trailing P/E	238.78x	295.14x	275.24x	240.38x
Forward P/E	16.02x	--	--	--
Price to Sales	1.36x	1.64x	1.25x	1.5x
Price to Book	1.5x	1.82x	1.33x	1.2x
EV/Revenue	1.69x	1.96x	1.57x	1.94x
EV/EBITDA	12.47x	14.02x	10.8x	12.65x
Price to FCF (P/FCF)	21.36x	23.23x	18.85x	17.54x
EV/FCF	26.66x	27.81x	23.76x	22.63x
FCF Yield	4.68%	4.31%	5.31%	5.7%