AJMANBANK.AE 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	3.88B EUR	3.8B EUR	3.67B EUR	3.62B EUR
Enterprise Value	4.38B EUR	-4.19B EUR	-4.13B EUR	-5.3B EUR
Valuation Multiples
Trailing P/E	7.94x	10.38x	10.2x	9.91x
Forward P/E	--	--	--	--
Price to Sales	4.01x	5.57x	5.5x	5.62x
Price to Book	1.14x	1.12x	1.15x	1.04x
EV/Revenue	4.51x	-6.13x	-6.18x	-8.24x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	12.31x	--	2.56x
EV/FCF	--	-13.56x	--	-3.76x
FCF Yield	--	8.13%	-38.59%	39.04%