TKFEN.IS 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	97.78B EUR	48.07B EUR	34.94B EUR	25.1B EUR
Enterprise Value	103.01B EUR	56.15B EUR	41.15B EUR	31.12B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	19.18x	--	--	--
Price to Sales	2.04x	0.9x	0.62x	0.61x
Price to Book	2.49x	1.27x	1x	0.78x
EV/Revenue	2.15x	1.05x	0.73x	0.75x
EV/EBITDA	27.27x	12.36x	43.72x	--
Price to FCF (P/FCF)	127.52x	24.92x	8.84x	6.28x
EV/FCF	134.35x	29.11x	10.42x	7.79x
FCF Yield	0.78%	4.01%	11.31%	15.92%