TLK 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	12.65B EUR	1.32T EUR	1.85T EUR	2.09T EUR
Enterprise Value	--	27.63T EUR	33.03T EUR	43.12T EUR
Valuation Multiples
Trailing P/E	12.46x	0.08x	0.12x	0.18x
Forward P/E	10.45x	--	--	--
Price to Sales	--	0.01x	0.01x	0.02x
Price to Book	0.01x	0.01x	0.01x	0.02x
EV/Revenue	--	0.18x	0.22x	0.39x
EV/EBITDA	--	0.37x	0.45x	0.79x
Price to FCF (P/FCF)	0x	0.03x	0.05x	0.08x
EV/FCF	--	0.68x	0.84x	1.59x
FCF Yield	453,294.34%	3,062.22%	2,134.57%	1,301.35%