OPXS 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	70.36M EUR	97.65M EUR	91.75M EUR	98.37M EUR
Enterprise Value	64.74M EUR	92.96M EUR	89.22M EUR	94.31M EUR
Valuation Multiples
Trailing P/E	18.38x	25.11x	22.28x	35.42x
Forward P/E	12.33x	--	--	--
Price to Sales	1.77x	2.45x	2.23x	3.12x
Price to Book	2.53x	3.52x	3.49x	3.98x
EV/Revenue	1.63x	2.34x	2.17x	2.99x
EV/EBITDA	11.37x	16.33x	14.3x	21.07x
Price to FCF (P/FCF)	250.97x	67.11x	127.07x	41.74x
EV/FCF	230.91x	63.89x	123.57x	40.01x
FCF Yield	0.4%	1.49%	0.79%	2.4%