GROY 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	713.58M EUR	637.03M EUR	826.3M EUR	907.1M EUR
Enterprise Value	688.01M EUR	625.75M EUR	812.78M EUR	894.8M EUR
Valuation Multiples
Trailing P/E	--	424.41x	--	--
Forward P/E	33x	--	--	--
Price to Sales	31.63x	28.24x	42.05x	72.73x
Price to Book	0.98x	0.88x	1.14x	1.3x
EV/Revenue	30.5x	27.74x	41.36x	71.74x
EV/EBITDA	65.23x	54.86x	97.08x	237.35x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-14.55%	-15.2%	-11.25%	-7.39%