KEP 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	14.16B EUR	7.77B EUR	9.15B EUR	10.59B EUR
Enterprise Value	131.84T EUR	520.42B EUR	1.16T EUR	130.69T EUR
Valuation Multiples
Trailing P/E	2.62x	0x	0x	0x
Forward P/E	3.91x	--	--	--
Price to Sales	0x	0x	0x	0x
Price to Book	0.38x	0x	0x	0x
EV/Revenue	1.35x	0.01x	0.01x	1.81x
EV/EBITDA	5.17x	0.02x	0.04x	6.2x
Price to FCF (P/FCF)	0.02x	0.01x	0x	0.01x
EV/FCF	191.04x	0.36x	0.23x	65.96x
FCF Yield	4,873.28%	18,842.12%	55,318.39%	18,706.3%