SXI 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	3.5B EUR	4.31B EUR	3.07B EUR	2.62B EUR
Enterprise Value	3.79B EUR	4.7B EUR	3.49B EUR	3.11B EUR
Valuation Multiples
Trailing P/E	32.84x	41.21x	31.03x	81.8x
Forward P/E	24.03x	--	--	--
Price to Sales	3.93x	4.84x	3.47x	3.96x
Price to Book	4.55x	5.71x	4.07x	3.74x
EV/Revenue	4.25x	5.27x	3.94x	4.7x
EV/EBITDA	19.81x	24.54x	18.41x	21.96x
Price to FCF (P/FCF)	21.17x	66.98x	56.56x	54.37x
EV/FCF	22.94x	73.01x	64.26x	64.52x
FCF Yield	4.72%	1.49%	1.77%	1.84%