POLI.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	95.52B EUR	8.97T EUR	9.61T EUR	9.46T EUR
Enterprise Value	59.21B EUR	8.95T EUR	9.57T EUR	9.43T EUR
Valuation Multiples
Trailing P/E	10.17x	949.49x	1,011.69x	1,282.65x
Forward P/E	13.27x	--	--	--
Price to Sales	4.07x	374.39x	403.86x	517.32x
Price to Book	142.39x	133.61x	146.66x	146.32x
EV/Revenue	2.52x	373.53x	402.24x	515.38x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	4,288.16x	1,169.33x	1,775.16x
EV/FCF	--	4,278.3x	1,164.65x	1,768.51x
FCF Yield	--	0.02%	0.09%	0.06%