GHM 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	966.78M EUR	1.45B EUR	873.86M EUR	705.76M EUR
Enterprise Value	936.99M EUR	1.43B EUR	887.48M EUR	689.56M EUR
Valuation Multiples
Trailing P/E	79.97x	122.85x	69.91x	67.02x
Forward P/E	36.19x	--	--	--
Price to Sales	3.7x	5.56x	3.56x	3.96x
Price to Book	5.03x	7.55x	6.23x	5.37x
EV/Revenue	3.59x	5.48x	3.62x	3.87x
EV/EBITDA	38.09x	61.58x	38.82x	39.32x
Price to FCF (P/FCF)	--	--	--	271.24x
EV/FCF	--	--	--	265.01x
FCF Yield	-0.6%	-0.42%	-0.01%	0.37%