AFRY.ST Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	11.79B EUR	11.82B EUR	14.42B EUR
Enterprise Value	17.89B EUR	17.92B EUR	19.75B EUR
Valuation Multiples
Trailing P/E	14.91x	13.96x	15.97x
Forward P/E	7.73x	--	--
Price to Sales	0.47x	0.45x	0.55x
Price to Book	0.92x	0.93x	1.1x
EV/Revenue	0.71x	0.69x	0.75x
EV/EBITDA	9.67x	6.44x	7.07x
Price to FCF (P/FCF)	4.74x	5.02x	8.74x
EV/FCF	7.2x	7.62x	11.98x
FCF Yield	21.09%	19.9%	11.44%