SHIP.KW 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	118.76M EUR	138.59B EUR	138.42B EUR	154.83B EUR
Enterprise Value	186M EUR	138.65B EUR	138.49B EUR	154.87B EUR
Valuation Multiples
Trailing P/E	14.97x	16,827.85x	14,863.04x	18,862.83x
Forward P/E	--	--	--	--
Price to Sales	0.57x	659.48x	685.12x	975.75x
Price to Book	1,493.77x	1,745.01x	1,774.32x	1,906.61x
EV/Revenue	0.89x	659.8x	685.44x	976.05x
EV/EBITDA	11.75x	7,480.66x	7,306.87x	10,079.27x
Price to FCF (P/FCF)	--	--	--	35,973.06x
EV/FCF	--	--	--	35,984.15x
FCF Yield	-28.11%	-0.02%	-0.01%	0%