WMK 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	1.81B EUR	1.94B EUR	1.69B EUR	1.59B EUR
Enterprise Value	1.76B EUR	2B EUR	1.77B EUR	1.64B EUR
Valuation Multiples
Trailing P/E	18.57x	19.9x	16.95x	22.04x
Forward P/E	--	--	--	--
Price to Sales	0.36x	0.38x	0.34x	0.42x
Price to Book	1.3x	1.4x	1.23x	1.17x
EV/Revenue	0.35x	0.4x	0.35x	0.44x
EV/EBITDA	6.9x	8.35x	7.39x	9.44x
Price to FCF (P/FCF)	185.79x	49.99x	75.04x	50.14x
EV/FCF	180.75x	51.72x	78.42x	51.88x
FCF Yield	0.54%	2%	1.33%	1.99%