MFG 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	128.41B EUR	23.31B EUR	19.36B EUR	18.08B EUR
Enterprise Value	-43.95T EUR	-26.06T EUR	-35.37T EUR	-34.39T EUR
Valuation Multiples
Trailing P/E	14.53x	0.02x	0.02x	0.02x
Forward P/E	7.63x	--	--	--
Price to Sales	0.03x	0.01x	0x	0.01x
Price to Book	1.74x	0x	0x	0x
EV/Revenue	-9.27x	-5.74x	-8.38x	-11.49x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	--	--	--	--