HFFG 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	87.85M EUR	76M EUR	98.42M EUR	114.04M EUR
Enterprise Value	303.79M EUR	297.45M EUR	313.34M EUR	328.02M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	2.63x	--	--	--
Price to Sales	0.07x	0.06x	0.08x	0.12x
Price to Book	0.41x	0.37x	0.48x	0.56x
EV/Revenue	0.24x	0.24x	0.25x	0.35x
EV/EBITDA	9x	7.77x	8.33x	12.08x
Price to FCF (P/FCF)	--	--	66.41x	74.69x
EV/FCF	--	--	211.43x	214.82x
FCF Yield	-8.83%	-6.75%	1.51%	1.34%