ATMU 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	3.49B EUR	4.16B EUR	4.64B EUR	4.23B EUR
Enterprise Value	4.28B EUR	4.96B EUR	5.49B EUR	4.61B EUR
Valuation Multiples
Trailing P/E	16.28x	19.34x	21.96x	26.01x
Forward P/E	13.06x	--	--	--
Price to Sales	1.84x	2.19x	2.54x	3.14x
Price to Book	7.68x	9.15x	11.49x	11.18x
EV/Revenue	2.25x	2.61x	3.01x	3.42x
EV/EBITDA	12.49x	13.78x	15.93x	17.91x
Price to FCF (P/FCF)	33.63x	21.85x	29.35x	31.93x
EV/FCF	41.16x	26.04x	34.72x	34.77x
FCF Yield	2.97%	4.58%	3.41%	3.13%