8200.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	4.74B EUR	4.32B EUR	4.12B EUR	4.49B EUR
Enterprise Value	3.96B EUR	4.25B EUR	4.14B EUR	4.45B EUR
Valuation Multiples
Trailing P/E	22.13x	20.21x	27.19x	42.88x
Forward P/E	17.7x	--	--	--
Price to Sales	2.06x	2.13x	2.54x	3.9x
Price to Book	2.01x	1.83x	1.84x	2.05x
EV/Revenue	1.73x	2.1x	2.55x	3.87x
EV/EBITDA	17.12x	--	--	--
Price to FCF (P/FCF)	19.3x	18.37x	15.07x	18.08x
EV/FCF	16.13x	18.1x	15.15x	17.92x
FCF Yield	5.18%	5.44%	6.64%	5.53%