BMA 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	4.15B EUR	59.2B EUR	49.47B EUR	0 EUR
Enterprise Value	-1.65T EUR	-2.79T EUR	-3.2T EUR	--
Valuation Multiples
Trailing P/E	13.28x	0.19x	0.16x	--
Forward P/E	5.77x	--	--	--
Price to Sales	0x	0.01x	0.01x	--
Price to Book	1x	0.01x	0.01x	--
EV/Revenue	-0.39x	-0.58x	-0.63x	--
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	0.06x	0.07x	--
EV/FCF	--	-2.84x	-4.53x	--
FCF Yield	--	1,659.87%	1,428.58%	--