COF-PI 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	--	11.21B EUR	11.49B EUR	11.88B EUR
Enterprise Value	13.32B EUR	1.18B EUR	-13.75B EUR	4.86B EUR
Valuation Multiples
Trailing P/E	0.65x	1.07x	3.56x	11.33x
Forward P/E	--	--	--	--
Price to Sales	--	0.18x	0.2x	0.27x
Price to Book	0.1x	0.1x	0.1x	0.1x
EV/Revenue	0.28x	0.02x	-0.23x	0.11x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	0.38x	0.42x	0.54x
EV/FCF	--	0.04x	-0.5x	0.22x
FCF Yield	--	264.84%	237.61%	183.63%