439260.KS 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	1.72T EUR	2.05T EUR	3.46T EUR	2.56T EUR
Enterprise Value	1.09T EUR	1.72T EUR	3.17T EUR	2.35T EUR
Valuation Multiples
Trailing P/E	--	6.82x	13.02x	13.61x
Forward P/E	--	--	--	--
Price to Sales	1.33x	1.59x	2.81x	2.78x
Price to Book	--	1.71x	3.05x	2.35x
EV/Revenue	0.85x	1.34x	2.58x	2.55x
EV/EBITDA	3.09x	4.3x	8.92x	9.4x
Price to FCF (P/FCF)	8.55x	7.92x	25.4x	127.19x
EV/FCF	5.42x	6.66x	23.27x	116.52x
FCF Yield	11.69%	12.63%	3.94%	0.79%