LNZ.VI 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	550.61M EUR	936.49M EUR	917.18M EUR	903.67M EUR
Enterprise Value	2.33B EUR	2.49B EUR	2.47B EUR	1.9B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-12.52x	--	--	--
Price to Sales	0.22x	0.37x	0.36x	0.47x
Price to Book	0.87x	0.98x	0.94x	0.93x
EV/Revenue	0.92x	0.99x	0.98x	0.99x
EV/EBITDA	6.29x	7.9x	8.74x	11.41x
Price to FCF (P/FCF)	2.09x	3.25x	3x	3.78x
EV/FCF	8.88x	8.66x	8.1x	7.93x
FCF Yield	47.74%	30.75%	33.28%	26.45%