TOYO 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	186.68M EUR	296.9M EUR	276.77M EUR
Enterprise Value	197.39M EUR	256.67M EUR	290.7M EUR
Valuation Multiples
Trailing P/E	1.96x	5.65x	8.68x
Forward P/E	1.08x	--	--
Price to Sales	0.34x	0.85x	0.98x
Price to Book	0.89x	1.42x	1.98x
EV/Revenue	0.36x	0.74x	1.03x
EV/EBITDA	1.27x	3.78x	6.66x
Price to FCF (P/FCF)	3.2x	7.63x	12.72x
EV/FCF	3.38x	6.6x	13.36x
FCF Yield	31.25%	13.1%	7.86%