CRWS 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	25.72M EUR	30.56M EUR	27.76M EUR	29.63M EUR
Enterprise Value	45.34M EUR	49.75M EUR	51.41M EUR	53.74M EUR
Valuation Multiples
Trailing P/E	5.2x	6.1x	15.06x	18.96x
Forward P/E	3.14x	--	--	--
Price to Sales	0.31x	0.37x	0.34x	0.49x
Price to Book	0.64x	0.76x	0.72x	0.76x
EV/Revenue	0.54x	0.6x	0.62x	0.9x
EV/EBITDA	6.55x	4.81x	7.83x	10.32x
Price to FCF (P/FCF)	3.03x	4.02x	3.75x	4.57x
EV/FCF	5.33x	6.55x	6.94x	8.29x
FCF Yield	33.06%	24.87%	26.68%	21.87%