DOAS.IS 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	31.79B EUR	39.45B EUR	42.44B EUR	41.38B EUR
Enterprise Value	65.13B EUR	71.67B EUR	70.02B EUR	66.57B EUR
Valuation Multiples
Trailing P/E	12.39x	15.62x	11.86x	13.77x
Forward P/E	1.33x	--	--	--
Price to Sales	0.14x	0.16x	0.16x	0.19x
Price to Book	0.43x	0.53x	0.63x	0.62x
EV/Revenue	0.28x	0.28x	0.26x	0.3x
EV/EBITDA	5.96x	3.68x	3.49x	4.42x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-41.54%	-17.79%	-18.89%	-11.92%