GRT-UN.TO 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	5.2B EUR	5.88B EUR	4.96B EUR	4.95B EUR
Enterprise Value	8.3B EUR	8.84B EUR	7.97B EUR	8.12B EUR
Valuation Multiples
Trailing P/E	14.04x	19.81x	15.42x	18.05x
Forward P/E	12.55x	--	--	--
Price to Sales	8.06x	11.93x	10.4x	10.63x
Price to Book	0.89x	1.02x	0.88x	0.9x
EV/Revenue	12.88x	17.94x	16.72x	17.44x
EV/EBITDA	17.6x	24.85x	22.66x	23.3x
Price to FCF (P/FCF)	9.88x	22.7x	19.48x	18.62x
EV/FCF	15.78x	34.13x	31.32x	30.54x
FCF Yield	10.12%	4.41%	5.13%	5.37%