GCT 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	2.04B EUR	1.14B EUR	1.66B EUR	1.45B EUR
Enterprise Value	2.14B EUR	1.32B EUR	1.81B EUR	1.54B EUR
Valuation Multiples
Trailing P/E	13.6x	7.33x	11.2x	13.15x
Forward P/E	9.84x	--	--	--
Price to Sales	1.39x	0.78x	1.21x	1.42x
Price to Book	3.88x	2.14x	3.26x	2.98x
EV/Revenue	1.46x	0.9x	1.31x	1.51x
EV/EBITDA	11.94x	6.75x	9.79x	11.34x
Price to FCF (P/FCF)	23.33x	7.26x	11.11x	8.25x
EV/FCF	24.46x	8.35x	12.08x	8.76x
FCF Yield	4.29%	13.78%	9%	12.12%