EBC 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	4.81B EUR	4.82B EUR	4.3B EUR	4.12B EUR
Enterprise Value	4.86B EUR	4.92B EUR	4.66B EUR	4B EUR
Valuation Multiples
Trailing P/E	11.75x	12.81x	11.59x	13.46x
Forward P/E	9.84x	--	--	--
Price to Sales	4.38x	4.32x	4.1x	5.36x
Price to Book	1.07x	1.12x	1x	0.95x
EV/Revenue	4.43x	4.42x	4.44x	5.2x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	12.5x	12.12x	11.2x
EV/FCF	--	12.78x	13.13x	10.88x
FCF Yield	--	8%	8.25%	8.93%