DSV.TO 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	9.53B EUR	6.9B EUR	7.25B EUR	6.77B EUR
Enterprise Value	8.99B EUR	6.54B EUR	6.86B EUR	6.36B EUR
Valuation Multiples
Trailing P/E	27.23x	28.57x	37.18x	59.76x
Forward P/E	16.2x	--	--	--
Price to Sales	8.55x	6.19x	7.73x	10.36x
Price to Book	9.17x	9.46x	10.93x	10.79x
EV/Revenue	8.06x	5.86x	7.31x	9.74x
EV/EBITDA	13.29x	11.11x	14.49x	21.53x
Price to FCF (P/FCF)	44.83x	57.9x	45.89x	37.19x
EV/FCF	42.28x	54.85x	43.45x	34.97x
FCF Yield	2.23%	1.73%	2.18%	2.69%