ASTH 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	1.86B EUR	2.28B EUR	1.2B EUR	1.21B EUR
Enterprise Value	2.18B EUR	2.86B EUR	1.79B EUR	1.86B EUR
Valuation Multiples
Trailing P/E	45.24x	56.35x	39.7x	76.79x
Forward P/E	10.33x	--	--	--
Price to Sales	0.48x	0.59x	0.34x	0.47x
Price to Book	2.23x	2.75x	1.5x	1.56x
EV/Revenue	0.57x	0.74x	0.51x	0.73x
EV/EBITDA	12.48x	15.5x	11.05x	16.69x
Price to FCF (P/FCF)	8.06x	24.21x	7.74x	13.34x
EV/FCF	9.44x	30.34x	11.53x	20.47x
FCF Yield	12.41%	4.13%	12.91%	7.5%