AWI 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	6.84B EUR	6.79B EUR	7.02B EUR	8.2B EUR
Enterprise Value	7.39B EUR	7.29B EUR	7.51B EUR	8.58B EUR
Valuation Multiples
Trailing P/E	22.14x	21.54x	22.92x	34.23x
Forward P/E	16.9x	--	--	--
Price to Sales	4.04x	4.01x	4.26x	6.62x
Price to Book	7.75x	7.68x	7.86x	9.11x
EV/Revenue	4.36x	4.3x	4.56x	6.93x
EV/EBITDA	16.46x	12.97x	13.64x	20.18x
Price to FCF (P/FCF)	30.98x	27.52x	29.43x	36.58x
EV/FCF	33.49x	29.55x	31.48x	38.28x
FCF Yield	3.23%	3.63%	3.4%	2.73%