SAR Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 31.05.2026	Q1 '26 28.02.2026
Market & Enterprise Value
Market Cap	233.86M EUR	366.67M EUR	375.75M EUR
Enterprise Value	1.01B EUR	1.12B EUR	1.1B EUR
Valuation Multiples
Trailing P/E	--	23.25x	10.27x
Forward P/E	7.19x	--	--
Price to Sales	1.88x	12.95x	7.53x
Price to Book	0.65x	0.97x	0.95x
EV/Revenue	8.17x	39.67x	22.03x
EV/EBITDA	--	--	--
Price to FCF (P/FCF)	2.43x	--	--
EV/FCF	10.55x	--	--
FCF Yield	41.12%	-39.9%	-23.43%