WNC 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	537.73M EUR	549.95M EUR	350.61M EUR	349.78M EUR
Enterprise Value	1.02B EUR	1B EUR	815.24M EUR	774.02M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	10.78x	--	--	--
Price to Sales	0.38x	0.39x	0.24x	0.3x
Price to Book	1.84x	1.88x	1.09x	0.95x
EV/Revenue	0.72x	0.7x	0.56x	0.67x
EV/EBITDA	-112.94x	--	84.06x	16.31x
Price to FCF (P/FCF)	3.64x	--	--	--
EV/FCF	6.91x	--	--	--
FCF Yield	27.47%	-2.91%	-11.74%	-1.17%