IES.TA 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	3.9B EUR	409.45B EUR	302.83B EUR	228.84B EUR
Enterprise Value	3.16B EUR	409.13B EUR	302.69B EUR	228.72B EUR
Valuation Multiples
Trailing P/E	19x	2,030.67x	1,388.32x	1,109.56x
Forward P/E	--	--	--	--
Price to Sales	58.29x	6,125.37x	4,633.89x	4,709.06x
Price to Book	191.54x	201.26x	165.76x	126.02x
EV/Revenue	47.34x	6,120.59x	4,631.76x	4,706.53x
EV/EBITDA	59.16x	1,612.91x	1,130.18x	908.12x
Price to FCF (P/FCF)	--	14,764.01x	5,619.61x	6,003.19x
EV/FCF	--	14,752.48x	5,617.03x	5,999.96x
FCF Yield	-0.08%	0.01%	0.02%	0.02%