SAWAD-R.BK 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	35.72B EUR	40.37B EUR	40.37B EUR	48.18B EUR
Enterprise Value	95.38B EUR	98.21B EUR	96.04B EUR	105.7B EUR
Valuation Multiples
Trailing P/E	6.64x	7.49x	7.67x	12.29x
Forward P/E	--	--	--	--
Price to Sales	2.43x	2.72x	2.75x	4.63x
Price to Book	0.9x	1.02x	1.04x	1.29x
EV/Revenue	6.49x	6.61x	6.55x	10.15x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	8.39x	6.66x	12.95x
EV/FCF	--	20.4x	15.85x	28.4x
FCF Yield	--	11.92%	15.01%	7.72%