SNEX 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	7.39B EUR	9.48B EUR	4.25B EUR	3.32B EUR
Enterprise Value	-7.76B EUR	30.49B EUR	23.96B EUR	21.97B EUR
Valuation Multiples
Trailing P/E	19.88x	17.99x	9.19x	11.53x
Forward P/E	12.95x	--	--	--
Price to Sales	0.05x	0.06x	0.03x	0.03x
Price to Book	2.58x	3.33x	1.57x	1.32x
EV/Revenue	-0.05x	0.19x	0.16x	0.21x
EV/EBITDA	--	11.02x	9.39x	12.32x
Price to FCF (P/FCF)	--	2.5x	0.66x	0.9x
EV/FCF	--	8.06x	3.69x	5.93x
FCF Yield	--	39.92%	152.61%	111.65%