BBL-R.BK 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	346.45B EUR	321.89B EUR	321.89B EUR	296B EUR
Enterprise Value	541.75B EUR	874.95B EUR	914.6B EUR	786.67B EUR
Valuation Multiples
Trailing P/E	8.25x	7.66x	7.25x	8.87x
Forward P/E	--	--	--	--
Price to Sales	2.55x	1.77x	1.73x	2.08x
Price to Book	0.6x	0.56x	0.56x	0.52x
EV/Revenue	3.99x	4.8x	4.91x	5.53x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	1.42x	1.71x	2.37x
EV/FCF	--	3.85x	4.87x	6.31x
FCF Yield	--	70.56%	58.36%	42.15%