EVC 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	621.1M EUR	1.2B EUR	273.36M EUR	269.41M EUR
Enterprise Value	748.6M EUR	1.33B EUR	415.3M EUR	423.6M EUR
Valuation Multiples
Trailing P/E	336.5x	287.69x	--	--
Forward P/E	-35.42x	--	--	--
Price to Sales	0.91x	1.77x	0.49x	0.76x
Price to Book	7.43x	14.4x	4.21x	4.86x
EV/Revenue	1.1x	1.95x	0.75x	1.19x
EV/EBITDA	10.62x	18.48x	10.32x	28.27x
Price to FCF (P/FCF)	9.29x	22.14x	6.91x	12.59x
EV/FCF	11.2x	24.45x	10.5x	19.79x
FCF Yield	10.76%	4.52%	14.47%	7.94%