NWBI 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	2.15B EUR	2.22B EUR	1.86B EUR
Enterprise Value	2.78B EUR	2.83B EUR	2.17B EUR
Valuation Multiples
Trailing P/E	14.11x	14.51x	13.95x
Forward P/E	10.07x	--	--
Price to Sales	3.28x	3.17x	2.77x
Price to Book	1.11x	1.15x	0.97x
EV/Revenue	4.25x	4.03x	3.23x
EV/EBITDA	--	--	--
Price to FCF (P/FCF)	--	16.12x	17.59x
EV/FCF	--	20.55x	20.52x
FCF Yield	--	6.2%	5.69%