NXST 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	4.97B EUR	5.5B EUR	5.52B EUR	6.16B EUR
Enterprise Value	16.86B EUR	17.08B EUR	17.35B EUR	12.25B EUR
Valuation Multiples
Trailing P/E	30.58x	29.26x	33.47x	6,158.03x
Forward P/E	6.93x	--	--	--
Price to Sales	0.85x	0.94x	1.08x	1.66x
Price to Book	2.2x	2.43x	2.55x	2.98x
EV/Revenue	2.87x	2.91x	3.39x	3.3x
EV/EBITDA	9.92x	11.12x	12.9x	13.94x
Price to FCF (P/FCF)	6.21x	7.4x	7.8x	13.96x
EV/FCF	21.06x	22.99x	24.5x	27.78x
FCF Yield	16.1%	13.5%	12.82%	7.16%