LQDA Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	2.45B EUR	7.1B EUR	3.33B EUR
Enterprise Value	2.41B EUR	7B EUR	3.29B EUR
Valuation Multiples
Trailing P/E	19.7x	51.25x	149.42x
Forward P/E	11.81x	--	--
Price to Sales	5.44x	15.75x	11.57x
Price to Book	12.5x	36.41x	30.69x
EV/Revenue	5.34x	15.53x	11.44x
EV/EBITDA	14.18x	39.38x	61.25x
Price to FCF (P/FCF)	32.99x	48.1x	85.13x
EV/FCF	32.39x	47.41x	84.16x
FCF Yield	3.03%	2.08%	1.17%