KNSL 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	7.68B EUR	7.51B EUR	7.88B EUR	9.05B EUR
Enterprise Value	7.75B EUR	7.53B EUR	7.88B EUR	9.11B EUR
Valuation Multiples
Trailing P/E	13.78x	13.21x	14.95x	21.85x
Forward P/E	15.53x	--	--	--
Price to Sales	3.85x	3.76x	4.11x	6.24x
Price to Book	3.77x	3.69x	4x	4.62x
EV/Revenue	3.88x	3.77x	4.11x	6.28x
EV/EBITDA	10.59x	--	--	--
Price to FCF (P/FCF)	7.82x	7.51x	7.77x	11.72x
EV/FCF	7.89x	7.52x	7.77x	11.8x
FCF Yield	12.79%	13.32%	12.87%	8.53%