6173.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	42.69B EUR	56.55B EUR	10.75B EUR	12.28B EUR
Enterprise Value	47.28B EUR	55.61B EUR	9.67B EUR	11.41B EUR
Valuation Multiples
Trailing P/E	50.44x	62.26x	16.75x	28.08x
Forward P/E	20.64x	--	--	--
Price to Sales	9.72x	12.87x	2.6x	3.95x
Price to Book	4.79x	5.57x	1.21x	1.36x
EV/Revenue	10.76x	12.66x	2.34x	3.67x
EV/EBITDA	40.86x	39.3x	8.49x	14.05x
Price to FCF (P/FCF)	81.82x	88.73x	14.61x	23.04x
EV/FCF	90.61x	87.26x	13.15x	21.41x
FCF Yield	1.22%	1.13%	6.84%	4.34%