MCY 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	5.69B EUR	5.91B EUR	4.88B EUR	5.21B EUR
Enterprise Value	4.56B EUR	5.17B EUR	4.12B EUR	4.48B EUR
Valuation Multiples
Trailing P/E	6.07x	6.3x	5.81x	8.02x
Forward P/E	8.39x	--	--	--
Price to Sales	0.9x	0.93x	0.8x	1.13x
Price to Book	2.01x	2.08x	1.89x	2.16x
EV/Revenue	0.72x	0.81x	0.67x	0.97x
EV/EBITDA	3.59x	--	--	--
Price to FCF (P/FCF)	4.98x	4.67x	3.44x	4.69x
EV/FCF	3.99x	4.09x	2.9x	4.03x
FCF Yield	20.1%	21.4%	29.07%	21.32%