NATR 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	222.41M EUR	383.99M EUR	421.36M EUR	377.82M EUR
Enterprise Value	160.1M EUR	322.91M EUR	356.21M EUR	302.83M EUR
Valuation Multiples
Trailing P/E	12.51x	21.22x	21.18x	25.57x
Forward P/E	10.28x	--	--	--
Price to Sales	0.45x	0.78x	0.86x	1.03x
Price to Book	1.31x	2.27x	2.52x	2.34x
EV/Revenue	0.33x	0.66x	0.73x	0.83x
EV/EBITDA	3.75x	7.49x	8.44x	10.32x
Price to FCF (P/FCF)	13.48x	21.23x	18.31x	13.82x
EV/FCF	9.71x	17.86x	15.48x	11.08x
FCF Yield	7.42%	4.71%	5.46%	7.24%