STGT-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	29.7B EUR	26.69B EUR	26.73B EUR	18.63B EUR
Enterprise Value	32.24B EUR	29.12B EUR	28.5B EUR	20.17B EUR
Valuation Multiples
Trailing P/E	90x	78.35x	--	--
Forward P/E	--	--	--	--
Price to Sales	1.29x	1.16x	1.17x	1.07x
Price to Book	0.79x	0.7x	0.71x	0.5x
EV/Revenue	1.41x	1.27x	1.25x	1.16x
EV/EBITDA	13.75x	7.98x	8.99x	9.78x
Price to FCF (P/FCF)	11.47x	8.69x	10.9x	7.65x
EV/FCF	12.46x	9.48x	11.62x	8.28x
FCF Yield	8.72%	11.51%	9.18%	13.08%