EA-R.BK 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	20.05B EUR	19.39B EUR	19.39B EUR	23.99B EUR
Enterprise Value	68.22B EUR	66.28B EUR	67.15B EUR	72.32B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	--	--	--	--
Price to Sales	1.64x	1.58x	1.5x	2.48x
Price to Book	0.6x	0.58x	0.58x	0.72x
EV/Revenue	5.57x	5.41x	5.2x	7.48x
EV/EBITDA	23.89x	20.8x	23x	60.74x
Price to FCF (P/FCF)	3.11x	2.8x	2.73x	4.66x
EV/FCF	10.58x	9.58x	9.44x	14.05x
FCF Yield	32.14%	35.68%	36.68%	21.46%