SRT.F 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	13.52B EUR	12.71B EUR	11.3B EUR	13.01B EUR
Enterprise Value	18.46B EUR	16.47B EUR	15.02B EUR	16.75B EUR
Valuation Multiples
Trailing P/E	69.19x	59.01x	62.11x	74.68x
Forward P/E	30.06x	--	--	--
Price to Sales	3.77x	4.64x	4.17x	4.83x
Price to Book	5x	4.5x	4.14x	4.81x
EV/Revenue	5.15x	6.01x	5.54x	6.22x
EV/EBITDA	19.67x	22.26x	21.7x	23.68x
Price to FCF (P/FCF)	41.64x	32.38x	30.94x	41.04x
EV/FCF	56.84x	41.96x	41.15x	52.84x
FCF Yield	2.4%	3.09%	3.23%	2.44%