MNST 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	85.49B EUR	94.15B EUR	70.86B EUR	74.99B EUR
Enterprise Value	82.19B EUR	91.96B EUR	68.82B EUR	72.9B EUR
Valuation Multiples
Trailing P/E	40.41x	44.25x	34.87x	51.28x
Forward P/E	33.36x	--	--	--
Price to Sales	9.27x	10.21x	8.06x	11.65x
Price to Book	9.13x	10.05x	8.12x	9.09x
EV/Revenue	8.92x	9.97x	7.83x	11.32x
EV/EBITDA	28.02x	32.03x	25.08x	37.23x
Price to FCF (P/FCF)	50.85x	45.23x	34.59x	51.1x
EV/FCF	48.88x	44.18x	33.6x	49.68x
FCF Yield	1.97%	2.21%	2.89%	1.96%