SALIK.AE 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	39.75B EUR	44.1B EUR	38.18B EUR	47.62B EUR
Enterprise Value	43.16B EUR	47.97B EUR	40.56B EUR	51.11B EUR
Valuation Multiples
Trailing P/E	26.5x	29.67x	24.6x	40.27x
Forward P/E	23.07x	--	--	--
Price to Sales	13.33x	14.79x	12.42x	20.31x
Price to Book	38.41x	42.72x	24.04x	39.08x
EV/Revenue	14.47x	16.09x	13.2x	21.79x
EV/EBITDA	21.04x	23.13x	18.84x	31.14x
Price to FCF (P/FCF)	38.06x	29.03x	18.27x	32.78x
EV/FCF	41.32x	31.58x	19.41x	35.18x
FCF Yield	2.63%	3.44%	5.47%	3.05%