KRC 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	4.02B EUR	4.36B EUR	3.28B EUR	4.42B EUR
Enterprise Value	8.61B EUR	4.36B EUR	7.8B EUR	8.96B EUR
Valuation Multiples
Trailing P/E	23.95x	29.17x	15.06x	16.02x
Forward P/E	102.24x	--	--	--
Price to Sales	3.68x	5.3x	2.95x	3.98x
Price to Book	0.76x	--	0.62x	0.82x
EV/Revenue	7.87x	5.3x	7.02x	8.05x
EV/EBITDA	14.26x	8.95x	11.67x	13.29x
Price to FCF (P/FCF)	5.6x	--	--	--
EV/FCF	11.99x	--	--	--
FCF Yield	17.85%	-5.87%	-4.99%	-2.75%