CAI.MI 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	249.33M EUR	297.39M EUR	308.2M EUR	338.24M EUR
Enterprise Value	717.83M EUR	402.59M EUR	440.1M EUR	462.54M EUR
Valuation Multiples
Trailing P/E	6.92x	8.24x	7.9x	8.09x
Forward P/E	7.16x	--	--	--
Price to Sales	0.24x	0.28x	0.29x	0.41x
Price to Book	0.44x	0.53x	0.54x	0.59x
EV/Revenue	0.68x	0.38x	0.42x	0.56x
EV/EBITDA	5x	2.37x	2.56x	3x
Price to FCF (P/FCF)	3.06x	--	--	--
EV/FCF	8.82x	--	--	--
FCF Yield	32.64%	--	--	--