CWH 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	289.14M EUR	487.01M EUR	433.84M EUR	617.24M EUR
Enterprise Value	3.95B EUR	4B EUR	4.32B EUR	4.48B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	6.79x	--	--	--
Price to Sales	0.05x	0.08x	0.07x	0.12x
Price to Book	1.18x	1.98x	2.02x	2.7x
EV/Revenue	0.63x	0.64x	0.69x	0.9x
EV/EBITDA	15.71x	10.24x	10.41x	12.1x
Price to FCF (P/FCF)	2.45x	9.74x	--	--
EV/FCF	33.55x	80.01x	--	--
FCF Yield	40.74%	10.27%	-41.79%	-12.91%