HMC 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	42.43B EUR	105.54B EUR	94.63B EUR	114.75B EUR
Enterprise Value	9.18T EUR	-5.19T EUR	-56.74B EUR	-4.73T EUR
Valuation Multiples
Trailing P/E	--	--	--	0.25x
Forward P/E	6.59x	--	--	--
Price to Sales	0x	0x	0x	0.01x
Price to Book	0.54x	0.01x	0.01x	0.01x
EV/Revenue	0.41x	-0.23x	-0x	-0.3x
EV/EBITDA	7.16x	-4x	-0.06x	-3.22x
Price to FCF (P/FCF)	0.16x	14.63x	0.4x	1.16x
EV/FCF	34.3x	-719.76x	-0.24x	-47.84x
FCF Yield	631.07%	6.83%	251.21%	86.18%