TRIP 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	1.02B EUR	1.61B EUR	1.24B EUR	1.67B EUR
Enterprise Value	1.1B EUR	1.66B EUR	1.37B EUR	1.88B EUR
Valuation Multiples
Trailing P/E	86.75x	321.11x	66.65x	32.68x
Forward P/E	8.08x	--	--	--
Price to Sales	0.56x	0.9x	0.68x	1.16x
Price to Book	1.52x	2.42x	1.99x	2.58x
EV/Revenue	0.6x	0.93x	0.75x	1.31x
EV/EBITDA	10.02x	7.25x	5.62x	8.16x
Price to FCF (P/FCF)	--	12.09x	6.83x	20.76x
EV/FCF	--	12.47x	7.52x	23.45x
FCF Yield	-9.98%	8.27%	14.65%	4.82%