FBIN 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	4.66B EUR	6.56B EUR	4.65B EUR	6B EUR
Enterprise Value	7.28B EUR	9.15B EUR	7.39B EUR	8.52B EUR
Valuation Multiples
Trailing P/E	31.46x	44.08x	17.12x	24.24x
Forward P/E	11.59x	--	--	--
Price to Sales	1.06x	1.49x	1.05x	1.75x
Price to Book	2.02x	2.84x	1.97x	2.51x
EV/Revenue	1.66x	2.08x	1.66x	2.49x
EV/EBITDA	9.87x	11.68x	9.77x	13.12x
Price to FCF (P/FCF)	15.57x	16.39x	13.68x	12.52x
EV/FCF	24.34x	22.86x	21.75x	17.78x
FCF Yield	6.42%	6.1%	7.31%	7.99%