TTEN3.SA 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	6.78B EUR	7.56B EUR	8B EUR	8.24B EUR
Enterprise Value	10.25B EUR	11.42B EUR	10.39B EUR	10.39B EUR
Valuation Multiples
Trailing P/E	11.02x	12.85x	11.23x	13.22x
Forward P/E	7.03x	--	--	--
Price to Sales	0.37x	0.41x	0.47x	0.64x
Price to Book	1.36x	1.51x	1.68x	1.76x
EV/Revenue	0.56x	0.63x	0.61x	0.8x
EV/EBITDA	20.45x	14.74x	11.78x	15.33x
Price to FCF (P/FCF)	--	17.72x	12.8x	18.87x
EV/FCF	--	26.77x	16.64x	23.79x
FCF Yield	-20%	5.64%	7.81%	5.3%