BCSF 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	688.9M EUR	812.15M EUR	804.37M EUR	902.32M EUR
Enterprise Value	2.09B EUR	2.2B EUR	2.24B EUR	2.35B EUR
Valuation Multiples
Trailing P/E	10.73x	12.7x	10.93x	12.85x
Forward P/E	7.94x	--	--	--
Price to Sales	2.61x	10.36x	9.07x	11.08x
Price to Book	0.64x	0.75x	0.74x	0.81x
EV/Revenue	7.91x	28.08x	25.29x	28.82x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	5.42x	6.08x	12.68x	24.52x
EV/FCF	16.42x	16.48x	35.35x	63.79x
FCF Yield	18.46%	16.45%	7.89%	4.08%