NEXN 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	509.72M EUR	547.82M EUR	363.3M EUR	368.1M EUR
Enterprise Value	454.33M EUR	452.51M EUR	298.48M EUR	266.72M EUR
Valuation Multiples
Trailing P/E	40.68x	41.92x	20.08x	15.72x
Forward P/E	7.21x	--	--	--
Price to Sales	1.33x	1.43x	0.97x	1.29x
Price to Book	1.14x	1.15x	0.78x	0.78x
EV/Revenue	1.19x	1.18x	0.8x	0.93x
EV/EBITDA	7.86x	4.97x	3.17x	3.25x
Price to FCF (P/FCF)	8.36x	8.05x	9.56x	5.47x
EV/FCF	7.45x	6.65x	7.86x	3.96x
FCF Yield	11.96%	12.43%	10.46%	18.29%