ORL.TA 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	6.44B EUR	491.57B EUR	421.54B EUR	308.3B EUR
Enterprise Value	7.46B EUR	492.24B EUR	422.27B EUR	309.09B EUR
Valuation Multiples
Trailing P/E	5.71x	1,328.57x	6,022.01x	3,952.57x
Forward P/E	--	--	--	--
Price to Sales	0.86x	65.95x	67.75x	72.02x
Price to Book	331.77x	247.02x	244.94x	176.58x
EV/Revenue	1x	66.04x	67.87x	72.2x
EV/EBITDA	15.68x	722.83x	1,135.14x	1,023.48x
Price to FCF (P/FCF)	--	1,683.46x	2,266.35x	1,503.9x
EV/FCF	--	1,685.77x	2,270.28x	1,507.77x
FCF Yield	-1.88%	0.06%	0.04%	0.07%