QFLS.QA 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	11.81B EUR	14.02B EUR	14.4B EUR
Enterprise Value	10.65B EUR	13.29B EUR	13.74B EUR
Valuation Multiples
Trailing P/E	12x	15.3x	15.79x
Forward P/E	10.33x	--	--
Price to Sales	0.5x	0.61x	0.6x
Price to Book	1.34x	1.59x	1.67x
EV/Revenue	0.45x	0.58x	0.57x
EV/EBITDA	13.97x	8.86x	9.26x
Price to FCF (P/FCF)	31.41x	197.33x	419.48x
EV/FCF	28.33x	187.09x	400.45x
FCF Yield	3.18%	0.51%	0.24%