RAIZ4.SA 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	3.93B EUR	3.93B EUR	5.27B EUR	8.38B EUR
Enterprise Value	64.72B EUR	64.07B EUR	67.66B EUR	69.72B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-1.29x	--	--	--
Price to Sales	0.02x	0.02x	0.02x	0.05x
Price to Book	--	--	--	--
EV/Revenue	0.28x	0.29x	0.31x	0.41x
EV/EBITDA	17.31x	7.96x	9x	7.1x
Price to FCF (P/FCF)	--	1.37x	--	--
EV/FCF	--	22.28x	--	--
FCF Yield	-59.23%	73.15%	-227.58%	-162.07%