CTPNV.AS 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	6.07B EUR	7.82B EUR	6.98B EUR	8.65B EUR
Enterprise Value	15.05B EUR	16.85B EUR	15.73B EUR	17.23B EUR
Valuation Multiples
Trailing P/E	10.77x	24.52x	8.11x	10.24x
Forward P/E	11.1x	--	--	--
Price to Sales	5.88x	9.9x	9.17x	11.83x
Price to Book	0.72x	0.92x	0.8x	1.02x
EV/Revenue	14.59x	21.32x	20.64x	23.57x
EV/EBITDA	21.08x	25.91x	11.91x	13.36x
Price to FCF (P/FCF)	38.05x	52.05x	62.03x	43.29x
EV/FCF	94.37x	112.13x	139.69x	86.2x
FCF Yield	2.63%	1.92%	1.61%	2.31%