CRL 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	14.41B EUR	10.82B EUR	8.31B EUR	9.82B EUR
Enterprise Value	17.12B EUR	13.66B EUR	11.17B EUR	12.17B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	23.62x	--	--	--
Price to Sales	3.6x	2.71x	2.06x	3.24x
Price to Book	5.07x	3.81x	2.83x	3.1x
EV/Revenue	4.28x	3.42x	2.77x	4.02x
EV/EBITDA	20.16x	61.96x	38.45x	53.72x
Price to FCF (P/FCF)	30.73x	29.21x	21.23x	24.17x
EV/FCF	36.51x	36.86x	28.55x	29.98x
FCF Yield	3.25%	3.42%	4.71%	4.14%