RCS.MI 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	429.95M EUR	483.76M EUR	491M EUR	509.62M EUR
Enterprise Value	498.22M EUR	547.16M EUR	603.7M EUR	611.02M EUR
Valuation Multiples
Trailing P/E	7.55x	8.98x	8.93x	9.2x
Forward P/E	7.55x	--	--	--
Price to Sales	0.54x	0.61x	0.62x	0.82x
Price to Book	0.93x	1.06x	1.07x	1.11x
EV/Revenue	0.63x	0.69x	0.77x	0.99x
EV/EBITDA	4.24x	4.07x	4.4x	5.04x
Price to FCF (P/FCF)	6.76x	--	--	--
EV/FCF	7.83x	--	--	--
FCF Yield	14.8%	--	--	--