VAIAS.HE 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	2.32B EUR	2.08B EUR	1.6B EUR
Enterprise Value	2.33B EUR	2.09B EUR	1.6B EUR
Valuation Multiples
Trailing P/E	35.7x	35.97x	29.23x
Forward P/E	25.56x	--	--
Price to Sales	3.83x	3.48x	2.76x
Price to Book	7.08x	6.34x	5.16x
EV/Revenue	3.86x	3.51x	2.76x
EV/EBITDA	20.76x	16.86x	13.27x
Price to FCF (P/FCF)	30.39x	27.16x	24.46x
EV/FCF	30.59x	27.36x	24.4x
FCF Yield	3.29%	3.68%	4.09%