1321.SR 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	5.34B EUR	6.93B EUR	5.04B EUR	4.36B EUR
Enterprise Value	4.69B EUR	6.15B EUR	4.38B EUR	4.02B EUR
Valuation Multiples
Trailing P/E	8.82x	11.44x	8.79x	10.66x
Forward P/E	--	--	--	--
Price to Sales	2.2x	2.85x	2.19x	2.73x
Price to Book	3.42x	4.43x	3.22x	3.11x
EV/Revenue	1.93x	2.53x	1.91x	2.51x
EV/EBITDA	7.15x	8.89x	6.68x	8.53x
Price to FCF (P/FCF)	7.4x	7.45x	5.42x	7.12x
EV/FCF	6.49x	6.61x	4.71x	6.56x
FCF Yield	13.51%	13.42%	18.47%	14.05%