MWTCF 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	2.13B EUR	2.13B EUR	2.13B EUR	2.07B EUR
Enterprise Value	164.22B EUR	159.68B EUR	159.86B EUR	127.35B EUR
Valuation Multiples
Trailing P/E	7.2x	0.13x	0.13x	0.17x
Forward P/E	0.16x	--	--	--
Price to Sales	0.05x	0.05x	0.05x	0.07x
Price to Book	1.42x	0.02x	0.02x	0.02x
EV/Revenue	3.88x	3.77x	3.87x	4.16x
EV/EBITDA	5.49x	4.87x	5x	5.54x
Price to FCF (P/FCF)	0.14x	0.31x	0.41x	0.66x
EV/FCF	10.43x	23.27x	30.61x	40.72x
FCF Yield	738%	321.46%	244.93%	151.05%