TDY 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	28.43B EUR	30.91B EUR	28.03B EUR	23.59B EUR
Enterprise Value	29.72B EUR	32.6B EUR	29.98B EUR	26.23B EUR
Valuation Multiples
Trailing P/E	29.69x	31.71x	30.04x	33.4x
Forward P/E	22.91x	--	--	--
Price to Sales	4.46x	4.85x	4.5x	5.06x
Price to Book	2.61x	2.83x	2.62x	2.24x
EV/Revenue	4.66x	5.11x	4.82x	5.62x
EV/EBITDA	18.67x	20.56x	19.57x	22.8x
Price to FCF (P/FCF)	31.15x	27.07x	26.6x	27.77x
EV/FCF	32.57x	28.54x	28.46x	30.88x
FCF Yield	3.21%	3.69%	3.76%	3.6%