DY Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q3 '26 31.07.2026	Q2 '26 30.04.2026
Market & Enterprise Value
Market Cap	8.12B EUR	12.09B EUR	12.43B EUR
Enterprise Value	11.06B EUR	14.8B EUR	14.89B EUR
Valuation Multiples
Trailing P/E	24.59x	36.7x	39.92x
Forward P/E	12.95x	--	--
Price to Sales	1.18x	1.76x	1.99x
Price to Book	3.93x	5.86x	6.56x
EV/Revenue	1.61x	2.15x	2.38x
EV/EBITDA	11.87x	16.39x	18.73x
Price to FCF (P/FCF)	24.87x	25.81x	28.24x
EV/FCF	33.86x	31.58x	33.83x
FCF Yield	4.02%	3.88%	3.54%