STRL 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	15.69B EUR	25.76B EUR	12.5B EUR	9.4B EUR
Enterprise Value	15.76B EUR	25.63B EUR	12.33B EUR	9.35B EUR
Valuation Multiples
Trailing P/E	36.96x	59.71x	36.05x	37.48x
Forward P/E	20.19x	--	--	--
Price to Sales	4.56x	7.49x	4.33x	4.56x
Price to Book	11.6x	18.98x	10.5x	8.48x
EV/Revenue	4.58x	7.46x	4.27x	4.54x
EV/EBITDA	22.08x	35.11x	20.54x	21.68x
Price to FCF (P/FCF)	44.91x	53.45x	28.29x	31.77x
EV/FCF	45.12x	53.18x	27.91x	31.63x
FCF Yield	2.23%	1.87%	3.53%	3.15%