7202.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	23.89B EUR	12.16B EUR	11.64B EUR	13.4B EUR
Enterprise Value	23.43B EUR	11.74B EUR	10.57B EUR	12.85B EUR
Valuation Multiples
Trailing P/E	15.85x	8.01x	7.7x	11.73x
Forward P/E	7.64x	--	--	--
Price to Sales	1.8x	0.92x	0.9x	1.35x
Price to Book	5.75x	2.93x	2.52x	3.13x
EV/Revenue	1.77x	0.89x	0.82x	1.3x
EV/EBITDA	12.13x	5.47x	4.99x	8.06x
Price to FCF (P/FCF)	38.35x	12.33x	20.6x	72.98x
EV/FCF	37.63x	11.9x	18.7x	69.98x
FCF Yield	2.61%	8.11%	4.85%	1.37%