MAVI.IS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q3 '26 31.07.2026	Q2 '26 30.04.2026	Q1 '26 31.01.2026	Q4 '25 31.10.2025
Market & Enterprise Value
Market Cap	29.54B EUR	30.65B EUR	33.95B EUR	37.88B EUR	32.02B EUR
Enterprise Value	26.11B EUR	27.48B EUR	30.08B EUR	33.84B EUR	29.96B EUR
Valuation Multiples
Trailing P/E	14.44x	15.01x	16.29x	27.09x	24.43x
Forward P/E	2.28x	--	--	--	--
Price to Sales	0.62x	0.59x	0.66x	0.97x	1.29x
Price to Book	1.93x	2.01x	2.17x	2.73x	2.42x
EV/Revenue	0.55x	0.53x	0.58x	0.87x	1.21x
EV/EBITDA	4.04x	2.74x	3.08x	4.82x	6.5x
Price to FCF (P/FCF)	7.4x	4.19x	6.19x	8.45x	37.03x
EV/FCF	6.54x	3.75x	5.48x	7.55x	34.64x
FCF Yield	13.52%	23.89%	16.16%	11.83%	2.7%