ALOS3.SA 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	17.92B EUR	14.03B EUR	15.15B EUR	14.16B EUR
Enterprise Value	24.88B EUR	21.07B EUR	21.15B EUR	20.2B EUR
Valuation Multiples
Trailing P/E	19.06x	15.02x	18.3x	24.44x
Forward P/E	18.46x	--	--	--
Price to Sales	6.02x	4.85x	5.27x	6.41x
Price to Book	1.39x	1.09x	1.17x	1.08x
EV/Revenue	8.36x	7.27x	7.36x	9.14x
EV/EBITDA	11.73x	8.87x	8.87x	11.48x
Price to FCF (P/FCF)	14.05x	8.62x	8.98x	10.98x
EV/FCF	19.51x	12.93x	12.55x	15.66x
FCF Yield	7.12%	11.61%	11.13%	9.11%