CEC.F 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	2.09B EUR	1.88B EUR	2.05B EUR	2.13B EUR
Enterprise Value	3.54B EUR	2.58B EUR	3.64B EUR	2.12B EUR
Valuation Multiples
Trailing P/E	--	--	--	54.68x
Forward P/E	6.13x	--	--	--
Price to Sales	0.09x	0.08x	0.09x	0.12x
Price to Book	3.45x	3.2x	3.14x	3.18x
EV/Revenue	0.15x	0.11x	0.16x	0.12x
EV/EBITDA	6.99x	2.51x	3.64x	2.54x
Price to FCF (P/FCF)	2.96x	2.18x	2.35x	0.92x
EV/FCF	5.01x	2.99x	4.18x	0.92x
FCF Yield	33.81%	45.95%	42.59%	108.13%