CPNNF 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	7B EUR	7B EUR	7B EUR	7B EUR
Enterprise Value	132.58B EUR	123.09B EUR	116.64B EUR	117.66B EUR
Valuation Multiples
Trailing P/E	13x	0.35x	0.36x	0.48x
Forward P/E	--	--	--	--
Price to Sales	0.12x	0.14x	0.14x	0.18x
Price to Book	2.16x	0.06x	0.06x	0.06x
EV/Revenue	2.34x	2.38x	2.3x	3.09x
EV/EBITDA	4.14x	3.41x	3.32x	4.56x
Price to FCF (P/FCF)	0.19x	0.18x	0.18x	0.22x
EV/FCF	3.63x	3.11x	3.02x	3.74x
FCF Yield	522.35%	564.54%	551.91%	449.13%