NEO 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	1.87B EUR	962.03M EUR	1.52B EUR
Enterprise Value	2.36B EUR	2.17B EUR	1.22B EUR	1.77B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	48.22x	--	--	--
Price to Sales	2.78x	2.44x	1.29x	2.71x
Price to Book	2.66x	2.38x	1.16x	1.81x
EV/Revenue	3.08x	2.83x	1.64x	3.16x
EV/EBITDA	97.06x	216.48x	--	--
Price to FCF (P/FCF)	48.49x	--	--	188.46x
EV/FCF	53.78x	--	--	219.5x
FCF Yield	2.06%	-0.39%	-0.53%	0.53%