TOM.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	26.7B EUR	28.12B EUR	34.12B EUR
Enterprise Value	27.38B EUR	28.76B EUR	34.71B EUR
Valuation Multiples
Trailing P/E	28.94x	296.01x	443.09x
Forward P/E	15.37x	--	--
Price to Sales	18.72x	19.45x	25.33x
Price to Book	4.33x	49.08x	57.05x
EV/Revenue	19.2x	19.89x	25.77x
EV/EBITDA	123.51x	102.72x	140.51x
Price to FCF (P/FCF)	103.55x	202.31x	205.53x
EV/FCF	106.19x	206.91x	209.07x
FCF Yield	0.97%	0.49%	0.49%