FPI 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	459.88M EUR	422.33M EUR	489.82M EUR	417.57M EUR
Enterprise Value	670.96M EUR	635.22M EUR	703.99M EUR	569.29M EUR
Valuation Multiples
Trailing P/E	20.53x	16.46x	16.25x	14.15x
Forward P/E	43.63x	--	--	--
Price to Sales	9.01x	8.21x	9.41x	9.96x
Price to Book	0.99x	0.92x	1.06x	0.91x
EV/Revenue	13.14x	12.34x	13.53x	13.58x
EV/EBITDA	25.06x	22.92x	25.8x	25.03x
Price to FCF (P/FCF)	27.66x	22.93x	25.37x	37.77x
EV/FCF	40.35x	34.48x	36.47x	51.49x
FCF Yield	3.62%	4.36%	3.94%	2.65%