ADVANC-R.BK 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	993.39B EUR	865.5B EUR	865.5B EUR	865.5B EUR
Enterprise Value	1.22T EUR	1.09T EUR	130.5T EUR	1.03T EUR
Valuation Multiples
Trailing P/E	18.56x	20.86x	22.33x	24.14x
Forward P/E	--	--	--	--
Price to Sales	4.35x	4.97x	4.98x	5.03x
Price to Book	19x	16.56x	7.18x	8.08x
EV/Revenue	5.33x	6.25x	750.9x	6.01x
EV/EBITDA	11.29x	11.3x	1,387.93x	11.23x
Price to FCF (P/FCF)	20.13x	12.08x	12.05x	16.88x
EV/FCF	24.68x	15.21x	1,816.23x	20.13x
FCF Yield	4.97%	8.28%	8.3%	5.93%