CLW 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	305.9M EUR	252.87M EUR	231.88M EUR	279.07M EUR
Enterprise Value	592.35M EUR	530.57M EUR	568.58M EUR	606.77M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-21.64x	--	--	--
Price to Sales	0.2x	0.17x	0.15x	0.24x
Price to Book	0.39x	0.32x	0.28x	0.34x
EV/Revenue	0.39x	0.35x	0.37x	0.52x
EV/EBITDA	23.32x	18.23x	7.41x	7.96x
Price to FCF (P/FCF)	--	4.47x	--	--
EV/FCF	--	9.37x	--	--
FCF Yield	-3.21%	22.38%	-23.24%	-16.23%