SBR 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	1.05B EUR	1.07B EUR	1.1B EUR	999.71M EUR
Enterprise Value	1.06B EUR	1.07B EUR	1.1B EUR	999.71M EUR
Valuation Multiples
Trailing P/E	14.92x	14.95x	16.07x	18.08x
Forward P/E	--	--	--	--
Price to Sales	13.99x	14.24x	15.29x	17.34x
Price to Book	125.41x	126.87x	159.3x	145.99x
EV/Revenue	14.01x	14.24x	15.29x	17.34x
EV/EBITDA	--	15.04x	16.18x	18.2x
Price to FCF (P/FCF)	--	51.19x	61.76x	27.82x
EV/FCF	--	51.19x	61.76x	27.82x
FCF Yield	--	1.95%	1.62%	3.59%