LINC 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	745.14M EUR	1.58B EUR	1.29B EUR	763.71M EUR
Enterprise Value	921.13M EUR	1.77B EUR	1.48B EUR	939.06M EUR
Valuation Multiples
Trailing P/E	32.18x	69.42x	57.54x	42.3x
Forward P/E	22.46x	--	--	--
Price to Sales	1.31x	2.77x	2.37x	1.91x
Price to Book	3.68x	7.82x	6.49x	3.82x
EV/Revenue	1.61x	3.1x	2.72x	2.34x
EV/EBITDA	15.19x	29.94x	26.76x	22.57x
Price to FCF (P/FCF)	142.08x	64.52x	--	808.16x
EV/FCF	175.63x	72.02x	--	993.71x
FCF Yield	0.7%	1.55%	-0.71%	0.12%