CHH 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	4.75B EUR	4.98B EUR	4.72B EUR	4.38B EUR
Enterprise Value	6.74B EUR	7.05B EUR	6.79B EUR	6.36B EUR
Valuation Multiples
Trailing P/E	14.92x	15.17x	13.66x	13.46x
Forward P/E	13.94x	--	--	--
Price to Sales	4.73x	3.08x	2.94x	3.47x
Price to Book	33.27x	35.04x	34.36x	24.18x
EV/Revenue	6.7x	4.35x	4.23x	5.03x
EV/EBITDA	14.22x	14.32x	13.36x	14.74x
Price to FCF (P/FCF)	22.4x	43.41x	47.15x	29.17x
EV/FCF	31.75x	61.4x	67.78x	42.34x
FCF Yield	4.46%	2.3%	2.12%	3.43%