CBC 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	7.76B EUR	7.28B EUR	5.74B EUR	5.82B EUR
Enterprise Value	7.9B EUR	6.51B EUR	4.37B EUR	3.75B EUR
Valuation Multiples
Trailing P/E	17.52x	16.94x	14.11x	19.64x
Forward P/E	15.91x	--	--	--
Price to Sales	7.25x	6.71x	5.49x	7.52x
Price to Book	2.01x	1.88x	1.51x	1.54x
EV/Revenue	7.37x	6x	4.17x	4.85x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	15.22x	17.3x	44.64x
EV/FCF	--	13.61x	13.15x	28.79x
FCF Yield	--	6.57%	5.78%	2.24%