3680.TWO 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	54.87B EUR	48.81B EUR	36.16B EUR	34.19B EUR
Enterprise Value	59.82B EUR	53.21B EUR	40.59B EUR	38.99B EUR
Valuation Multiples
Trailing P/E	38.61x	34.17x	38.49x	49.25x
Forward P/E	24.72x	--	--	--
Price to Sales	6.77x	6.02x	4.82x	6.06x
Price to Book	4.22x	3.76x	3.22x	3.51x
EV/Revenue	7.38x	6.56x	5.41x	6.91x
EV/EBITDA	32.46x	19.09x	18.92x	24.79x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-2.89%	-2.02%	-2.03%	-1.77%