ACCO 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	414.46M EUR	383.97M EUR	276.77M EUR	336.21M EUR
Enterprise Value	1.31B EUR	383.97M EUR	1.14B EUR	1.19B EUR
Valuation Multiples
Trailing P/E	7.24x	8.59x	3.75x	8.14x
Forward P/E	4.66x	--	--	--
Price to Sales	0.26x	0.33x	0.18x	0.22x
Price to Book	0.6x	--	0.41x	0.51x
EV/Revenue	0.84x	0.33x	0.73x	0.78x
EV/EBITDA	8.14x	3.09x	6.33x	6.53x
Price to FCF (P/FCF)	10.08x	4.16x	5.66x	6.62x
EV/FCF	31.9x	4.16x	23.24x	23.48x
FCF Yield	9.92%	24.06%	17.67%	15.11%