ARVN Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	499.55M EUR	542.64M EUR	683.82M EUR
Enterprise Value	-68.85M EUR	456.34M EUR	604.92M EUR
Valuation Multiples
Trailing P/E	29.38x	58.35x	--
Forward P/E	-2.36x	--	--
Price to Sales	1.58x	1.71x	7.65x
Price to Book	0.89x	0.97x	1.77x
EV/Revenue	-0.22x	1.44x	6.77x
EV/EBITDA	6.96x	--	--
Price to FCF (P/FCF)	--	--	--
EV/FCF	--	--	--
FCF Yield	-18.92%	-38.48%	-37.57%