RAMP 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	2.28B EUR	2.29B EUR	1.61B EUR	1.85B EUR
Enterprise Value	1.95B EUR	1.96B EUR	1.26B EUR	1.49B EUR
Valuation Multiples
Trailing P/E	15.52x	14.69x	11x	24.71x
Forward P/E	10.89x	--	--	--
Price to Sales	2.74x	2.75x	1.98x	3.06x
Price to Book	2.34x	2.34x	1.65x	1.93x
EV/Revenue	2.34x	2.35x	1.54x	2.45x
EV/EBITDA	16.1x	14.52x	10.78x	16.44x
Price to FCF (P/FCF)	13.47x	11.44x	9.58x	17.2x
EV/FCF	11.48x	9.79x	7.49x	13.82x
FCF Yield	7.42%	8.74%	10.43%	5.81%