MET-PA 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	--	13.53B EUR	13.39B EUR	14.17B EUR
Enterprise Value	37B EUR	15.57B EUR	11.83B EUR	12.32B EUR
Valuation Multiples
Trailing P/E	2.73x	3.73x	3.7x	5.82x
Forward P/E	--	--	--	--
Price to Sales	--	0.17x	0.18x	0.25x
Price to Book	0.49x	0.49x	0.49x	0.5x
EV/Revenue	0.47x	0.2x	0.16x	0.21x
EV/EBITDA	6.13x	--	--	--
Price to FCF (P/FCF)	--	0.87x	0.86x	1.1x
EV/FCF	--	1x	0.76x	0.96x
FCF Yield	--	115.02%	115.92%	90.55%