UVV 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	1.05B EUR	1.3B EUR	1.31B EUR	1.31B EUR
Enterprise Value	2.15B EUR	2.34B EUR	2.19B EUR	2.34B EUR
Valuation Multiples
Trailing P/E	55.26x	68.03x	40.24x	17.32x
Forward P/E	10.63x	--	--	--
Price to Sales	0.37x	0.46x	0.45x	0.6x
Price to Book	0.75x	0.94x	0.93x	0.89x
EV/Revenue	0.75x	0.82x	0.75x	1.06x
EV/EBITDA	9.31x	9.88x	8.03x	10.18x
Price to FCF (P/FCF)	6.71x	7.91x	16.36x	--
EV/FCF	13.81x	14.26x	27.3x	--
FCF Yield	14.91%	12.63%	6.11%	-7.48%