MDIA3.SA 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	6.92B EUR	5.88B EUR	7.72B EUR	8.04B EUR
Enterprise Value	6.35B EUR	5.57B EUR	7.54B EUR	7.57B EUR
Valuation Multiples
Trailing P/E	10.73x	9.06x	11.08x	13.61x
Forward P/E	9.05x	--	--	--
Price to Sales	0.66x	0.56x	0.74x	0.98x
Price to Book	0.82x	0.69x	0.92x	0.98x
EV/Revenue	0.61x	0.53x	0.72x	0.92x
EV/EBITDA	6.61x	4.59x	6.05x	7.21x
Price to FCF (P/FCF)	12.69x	6.6x	7.62x	8.72x
EV/FCF	11.66x	6.25x	7.44x	8.22x
FCF Yield	7.88%	15.15%	13.12%	11.46%