MCHB 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	3.16B EUR	3.52B EUR	3.27B EUR	3.24B EUR
Enterprise Value	3.05B EUR	3.26B EUR	2.99B EUR	2.49B EUR
Valuation Multiples
Trailing P/E	11.14x	12.52x	12.28x	14.59x
Forward P/E	12.03x	--	--	--
Price to Sales	4.25x	4.57x	4.54x	6.23x
Price to Book	1.23x	1.31x	1.17x	1.13x
EV/Revenue	4.11x	4.22x	4.16x	4.78x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	19.16x	16.51x	17.13x
EV/FCF	--	17.72x	15.14x	13.16x
FCF Yield	--	5.22%	6.06%	5.84%