SPOL.OL Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	26.73B EUR	25.71B EUR	26.93B EUR
Enterprise Value	29.62B EUR	71.56B EUR	76.57B EUR
Valuation Multiples
Trailing P/E	11.24x	7.5x	7.83x
Forward P/E	11.53x	--	--
Price to Sales	3.69x	3.72x	3.94x
Price to Book	1.07x	0.95x	1.04x
EV/Revenue	4.09x	10.35x	11.2x
EV/EBITDA	--	--	--
Price to FCF (P/FCF)	--	4.37x	3.75x
EV/FCF	--	12.16x	10.66x
FCF Yield	--	22.9%	26.68%