BANF 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	3.57B EUR	3.73B EUR	3.64B EUR	3.56B EUR
Enterprise Value	-722.18M EUR	-578.54M EUR	-940.33M EUR	-750.34M EUR
Valuation Multiples
Trailing P/E	14.33x	14.83x	14.72x	19.27x
Forward P/E	13.21x	--	--	--
Price to Sales	5x	5.16x	5.17x	6.76x
Price to Book	1.82x	1.91x	1.92x	1.92x
EV/Revenue	-1.01x	-0.8x	-1.33x	-1.43x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	15.22x	15.41x	20.75x
EV/FCF	--	-2.36x	-3.98x	-4.38x
FCF Yield	--	6.57%	6.49%	4.82%