ARW 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	11.6B EUR	10.88B EUR	7.33B EUR	5.63B EUR
Enterprise Value	13.54B EUR	12.8B EUR	9.51B EUR	8.41B EUR
Valuation Multiples
Trailing P/E	14.57x	13.4x	10.08x	11.45x
Forward P/E	9.53x	--	--	--
Price to Sales	0.32x	0.3x	0.22x	0.23x
Price to Book	1.66x	1.55x	1.09x	0.85x
EV/Revenue	0.38x	0.36x	0.28x	0.35x
EV/EBITDA	9.21x	8.59x	7.32x	9.72x
Price to FCF (P/FCF)	15.83x	13.18x	24.12x	--
EV/FCF	18.48x	15.51x	31.29x	--
FCF Yield	6.32%	7.59%	4.15%	-6.47%