LNTH 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	6.54B EUR	7.24B EUR	4.94B EUR	4.3B EUR
Enterprise Value	6.57B EUR	7.27B EUR	5.06B EUR	4.56B EUR
Valuation Multiples
Trailing P/E	24.25x	26.3x	17.69x	26.76x
Forward P/E	15.7x	--	--	--
Price to Sales	4.2x	4.65x	3.19x	3.68x
Price to Book	4.98x	5.52x	4.07x	3.94x
EV/Revenue	4.22x	4.67x	3.27x	3.9x
EV/EBITDA	16.74x	17.7x	13.06x	16.33x
Price to FCF (P/FCF)	14.48x	18.67x	13.28x	17.21x
EV/FCF	14.54x	18.75x	13.62x	18.25x
FCF Yield	6.91%	5.36%	7.53%	5.81%