HSIC 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	9.57B EUR	9.35B EUR	8.43B EUR	8.75B EUR
Enterprise Value	14.65B EUR	13B EUR	12.04B EUR	12.03B EUR
Valuation Multiples
Trailing P/E	24.49x	23.19x	21.35x	30.38x
Forward P/E	14.04x	--	--	--
Price to Sales	0.7x	0.69x	0.63x	0.87x
Price to Book	2.98x	2.96x	2.58x	2.7x
EV/Revenue	1.08x	0.96x	0.9x	1.2x
EV/EBITDA	13.57x	11.56x	11.05x	14.89x
Price to FCF (P/FCF)	21.46x	18.22x	21.57x	16.6x
EV/FCF	32.86x	25.35x	30.8x	22.83x
FCF Yield	4.66%	5.49%	4.64%	6.02%