REAX 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	567.45M EUR	396.66M EUR	533.75M EUR	768.24M EUR
Enterprise Value	287.66M EUR	322.83M EUR	487.73M EUR	735.03M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-391.25x	--	--	--
Price to Sales	0.25x	0.18x	0.26x	0.48x
Price to Book	4.34x	5.04x	8.13x	14.87x
EV/Revenue	0.13x	0.14x	0.23x	0.46x
EV/EBITDA	-226.87x	--	--	--
Price to FCF (P/FCF)	7.59x	5.23x	7.68x	16.55x
EV/FCF	3.85x	4.26x	7.02x	15.84x
FCF Yield	13.18%	19.11%	13.01%	6.04%