FFIN 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	4.41B EUR	4.96B EUR	4.19B EUR	4.25B EUR
Enterprise Value	4.24B EUR	4.96B EUR	3.49B EUR	3.19B EUR
Valuation Multiples
Trailing P/E	16.45x	25.15x	15.89x	16.76x
Forward P/E	14.25x	--	--	--
Price to Sales	6.92x	10.28x	6.6x	6.89x
Price to Book	2.19x	--	2.16x	2.22x
EV/Revenue	6.66x	10.28x	5.49x	5.18x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	19.82x	13.57x	14.86x
EV/FCF	--	19.82x	11.3x	11.17x
FCF Yield	--	5.04%	7.37%	6.73%