RSG 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	66.41B EUR	65.2B EUR	67.32B EUR	65.27B EUR
Enterprise Value	80.59B EUR	79.39B EUR	81.29B EUR	79B EUR
Valuation Multiples
Trailing P/E	30.76x	29.84x	31.04x	39.7x
Forward P/E	26.91x	--	--	--
Price to Sales	3.93x	3.86x	4.03x	5.19x
Price to Book	5.52x	5.42x	5.62x	5.45x
EV/Revenue	4.77x	4.7x	4.87x	6.28x
EV/EBITDA	15.33x	15.41x	15.79x	20.53x
Price to FCF (P/FCF)	34.19x	24.58x	25.95x	35.42x
EV/FCF	41.48x	29.92x	31.34x	42.87x
FCF Yield	2.93%	4.07%	3.85%	2.82%