ECOR3.SA 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	10.26B EUR	5.18B EUR	5.86B EUR	7.37B EUR
Enterprise Value	34.19B EUR	31.19B EUR	30.86B EUR	32.84B EUR
Valuation Multiples
Trailing P/E	18.67x	9.49x	8.04x	9.98x
Forward P/E	23.79x	--	--	--
Price to Sales	0.86x	0.44x	0.5x	0.81x
Price to Book	2.49x	1.26x	1.43x	1.8x
EV/Revenue	2.88x	2.62x	2.65x	3.61x
EV/EBITDA	6.5x	6.5x	6.11x	8.12x
Price to FCF (P/FCF)	--	10.34x	11.93x	21.26x
EV/FCF	--	62.26x	62.76x	94.72x
FCF Yield	-23.2%	9.67%	8.38%	4.7%