DNUT 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	513.56M EUR	609.79M EUR	584.03M EUR	689.65M EUR
Enterprise Value	1.77B EUR	1.85B EUR	1.78B EUR	2.07B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	62.66x	--	--	--
Price to Sales	0.35x	0.42x	0.39x	0.6x
Price to Book	0.83x	0.99x	0.92x	1.06x
EV/Revenue	1.21x	1.26x	1.18x	1.81x
EV/EBITDA	17.07x	15.15x	15.86x	22.86x
Price to FCF (P/FCF)	21.93x	16.33x	--	--
EV/FCF	75.43x	49.57x	--	--
FCF Yield	4.56%	6.12%	-1.01%	-2.5%