LION 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	3.31B EUR	4.49B EUR	2.78B EUR	2.65B EUR
Enterprise Value	--	8B EUR	6.33B EUR	6.44B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	22.82x	--	--	--
Price to Sales	--	1.56x	1.06x	1.54x
Price to Book	--	--	--	--
EV/Revenue	--	2.77x	2.41x	3.73x
EV/EBITDA	--	6.41x	5.51x	9.74x
Price to FCF (P/FCF)	--	46.2x	244.29x	--
EV/FCF	--	82.38x	555.57x	--
FCF Yield	--	2.16%	0.41%	-9.57%