6187.TWO 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	148.48B EUR	97.17B EUR	78.36B EUR	35.03B EUR
Enterprise Value	144.12B EUR	92.73B EUR	74.53B EUR	31.28B EUR
Valuation Multiples
Trailing P/E	78.73x	51.29x	53.42x	30.66x
Forward P/E	36.65x	--	--	--
Price to Sales	23.34x	15.27x	14.17x	8.5x
Price to Book	17.43x	11.41x	11.48x	4.8x
EV/Revenue	22.66x	14.58x	13.48x	7.59x
EV/EBITDA	75.93x	39.97x	39.92x	21.49x
Price to FCF (P/FCF)	351.68x	137.22x	188.59x	79.23x
EV/FCF	341.35x	130.95x	179.37x	70.75x
FCF Yield	0.28%	0.73%	0.53%	1.26%