TRMD-A.CO 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	27.86B EUR	17.23B EUR	18.75B EUR	12.86B EUR
Enterprise Value	28.47B EUR	17.23B EUR	19.64B EUR	13.7B EUR
Valuation Multiples
Trailing P/E	6.98x	60.08x	54.3x	44.98x
Forward P/E	6.74x	--	--	--
Price to Sales	15.83x	15.7x	13.28x	9.6x
Price to Book	1.64x	--	8.25x	5.84x
EV/Revenue	16.18x	15.7x	13.91x	10.23x
EV/EBITDA	31.16x	34.23x	31.26x	24.48x
Price to FCF (P/FCF)	1,807.33x	--	220.39x	68.18x
EV/FCF	1,847.19x	--	230.79x	72.66x
FCF Yield	0.06%	-0.28%	0.45%	1.47%