SNDR 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	5.52B EUR	6.4B EUR	4.62B EUR	4.64B EUR
Enterprise Value	5.63B EUR	6.51B EUR	4.79B EUR	4.84B EUR
Valuation Multiples
Trailing P/E	50x	57.38x	47.15x	59.91x
Forward P/E	18.71x	--	--	--
Price to Sales	0.95x	1.1x	0.81x	1.09x
Price to Book	1.8x	2.09x	1.53x	1.54x
EV/Revenue	0.97x	1.12x	0.84x	1.13x
EV/EBITDA	9.55x	10.42x	7.84x	10.4x
Price to FCF (P/FCF)	63.37x	30.82x	17.76x	19.77x
EV/FCF	64.63x	31.31x	18.42x	20.62x
FCF Yield	1.58%	3.24%	5.63%	5.06%