TECOM.AE 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	16.25B EUR	17.35B EUR	15.35B EUR
Enterprise Value	21.11B EUR	22.43B EUR	20.77B EUR
Valuation Multiples
Trailing P/E	7.56x	8.04x	7.25x
Forward P/E	9.55x	--	--
Price to Sales	5.4x	5.79x	5.31x
Price to Book	1.97x	2.1x	1.95x
EV/Revenue	7.02x	7.49x	7.19x
EV/EBITDA	9.15x	9.28x	8.83x
Price to FCF (P/FCF)	11.21x	8.18x	7.62x
EV/FCF	14.57x	10.57x	10.32x
FCF Yield	8.92%	12.23%	13.12%