WSC 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	3.09B EUR	5.23B EUR	3.14B EUR	3.41B EUR
Enterprise Value	6.82B EUR	9B EUR	6.94B EUR	7.3B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	12.92x	--	--	--
Price to Sales	1.35x	2.28x	1.38x	1.98x
Price to Book	3.39x	5.74x	3.61x	3.98x
EV/Revenue	2.98x	3.92x	3.06x	4.24x
EV/EBITDA	11.63x	10.27x	7.73x	10.47x
Price to FCF (P/FCF)	12.43x	17.55x	8.36x	11.74x
EV/FCF	27.43x	30.23x	18.46x	25.12x
FCF Yield	8.04%	5.7%	11.97%	8.52%