4018.SR 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	5.17B EUR	5.27B EUR	6.12B EUR	7.77B EUR
Enterprise Value	6.54B EUR	6.61B EUR	7.06B EUR	8.55B EUR
Valuation Multiples
Trailing P/E	26.32x	26.94x	27.2x	38.54x
Forward P/E	--	--	--	--
Price to Sales	3.45x	3.52x	4.25x	7.11x
Price to Book	2.63x	2.69x	3.17x	4.04x
EV/Revenue	4.37x	4.41x	4.9x	7.82x
EV/EBITDA	22.12x	20.55x	22.02x	33.89x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-12.04%	-12.32%	-7.31%	-3.77%