COCO 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	3.38B EUR	3.8B EUR	2.74B EUR	3.03B EUR
Enterprise Value	2.95B EUR	3.53B EUR	2.55B EUR	2.84B EUR
Valuation Multiples
Trailing P/E	32.26x	34.68x	33x	57.7x
Forward P/E	24.95x	--	--	--
Price to Sales	4.79x	5.38x	4.15x	6.32x
Price to Book	8.36x	9.47x	7.77x	9.13x
EV/Revenue	4.18x	5x	3.87x	5.94x
EV/EBITDA	21.58x	25.83x	26.66x	44.57x
Price to FCF (P/FCF)	32.3x	30.51x	42.4x	61.27x
EV/FCF	28.19x	28.37x	39.47x	57.59x
FCF Yield	3.1%	3.28%	2.36%	1.63%