CSWC Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	1.5B EUR	1.34B EUR	1.32B EUR
Enterprise Value	2.68B EUR	2.44B EUR	2.35B EUR
Valuation Multiples
Trailing P/E	13.01x	11.86x	12.78x
Forward P/E	10.09x	--	--
Price to Sales	6.32x	8.85x	8.81x
Price to Book	1.42x	1.33x	1.32x
EV/Revenue	11.3x	16.14x	15.7x
EV/EBITDA	12.42x	--	--
Price to FCF (P/FCF)	16.18x	--	--
EV/FCF	28.91x	--	--
FCF Yield	6.18%	-14.46%	-14.71%