SD 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	513.12M EUR	507.93M EUR	601.43M EUR	531.38M EUR
Enterprise Value	408.8M EUR	394.58M EUR	498.68M EUR	420.39M EUR
Valuation Multiples
Trailing P/E	6.21x	6.12x	7.93x	9.3x
Forward P/E	9.23x	--	--	--
Price to Sales	2.85x	2.82x	3.68x	4.67x
Price to Book	0.97x	0.94x	1.14x	1.04x
EV/Revenue	2.27x	2.19x	3.05x	3.7x
EV/EBITDA	3.43x	3.2x	4.51x	5.68x
Price to FCF (P/FCF)	242.87x	11.95x	22.9x	19.41x
EV/FCF	193.49x	9.29x	18.99x	15.36x
FCF Yield	0.41%	8.37%	4.37%	5.15%