QGTS.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	20.94B EUR	23.8B EUR	23.22B EUR
Enterprise Value	40.09B EUR	43.92B EUR	42.82B EUR
Valuation Multiples
Trailing P/E	12.6x	14.35x	13.87x
Forward P/E	11.81x	--	--
Price to Sales	4.96x	5.98x	5.73x
Price to Book	1.45x	1.65x	1.66x
EV/Revenue	9.5x	11.04x	10.58x
EV/EBITDA	13.72x	12.27x	11.89x
Price to FCF (P/FCF)	--	--	--
EV/FCF	--	--	--
FCF Yield	-8%	-6.27%	-1.5%