ATS.VI 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	8.35B EUR	8.2B EUR	2.01B EUR
Enterprise Value	9.36B EUR	7.01B EUR	3.31B EUR
Valuation Multiples
Trailing P/E	156.93x	358.6x	12.03x
Forward P/E	18.3x	--	--
Price to Sales	4.3x	4.33x	1.16x
Price to Book	10.82x	5.39x	1.91x
EV/Revenue	4.82x	3.71x	1.91x
EV/EBITDA	18.59x	13.92x	6.53x
Price to FCF (P/FCF)	77.8x	33.72x	18.8x
EV/FCF	87.14x	28.85x	31.02x
FCF Yield	1.29%	2.97%	5.32%