RNG 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	6.62B EUR	3.29B EUR	3.14B EUR
Enterprise Value	7.8B EUR	4.34B EUR	4.27B EUR
Valuation Multiples
Trailing P/E	63.42x	29.82x	37.19x
Forward P/E	14.21x	--	--
Price to Sales	2.56x	1.27x	1.23x
Price to Book	--	--	--
EV/Revenue	3.02x	1.68x	1.68x
EV/EBITDA	18.8x	10.61x	11.3x
Price to FCF (P/FCF)	10.35x	5.7x	5.8x
EV/FCF	12.19x	7.53x	7.91x
FCF Yield	9.66%	17.54%	17.24%