PTOG.F 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	30.12B EUR	25.92B EUR	26.62B EUR	23.65B EUR
Enterprise Value	1.24T EUR	688.33B EUR	654.62B EUR	662.64B EUR
Valuation Multiples
Trailing P/E	9.45x	0.21x	0.29x	0.35x
Forward P/E	--	--	--	--
Price to Sales	0.01x	0.01x	0.01x	0.01x
Price to Book	0.93x	0.02x	0.02x	0.02x
EV/Revenue	0.44x	0.24x	0.24x	0.34x
EV/EBITDA	3.19x	1.37x	1.49x	2.57x
Price to FCF (P/FCF)	0.77x	0.31x	0.26x	0.24x
EV/FCF	31.63x	8.23x	6.35x	6.82x
FCF Yield	129.92%	322.58%	387.24%	410.87%