Q.MX Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	61.58B EUR	69.13B EUR	67.83B EUR
Enterprise Value	56.91B EUR	66.93B EUR	65.47B EUR
Valuation Multiples
Trailing P/E	13.75x	16.64x	13.82x
Forward P/E	10.02x	--	--
Price to Sales	0.81x	0.84x	0.8x
Price to Book	2.46x	2.77x	2.53x
EV/Revenue	0.75x	0.81x	0.78x
EV/EBITDA	8.28x	--	--
Price to FCF (P/FCF)	--	10.74x	14.06x
EV/FCF	--	10.4x	13.58x
FCF Yield	-6.49%	9.31%	7.11%