KB 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	43.21B EUR	37.09B EUR	35.44B EUR	30.85B EUR
Enterprise Value	26.98T EUR	95.81T EUR	101.25T EUR	95.83T EUR
Valuation Multiples
Trailing P/E	10.56x	0.01x	0.01x	0.01x
Forward P/E	8.28x	--	--	--
Price to Sales	0x	0x	0x	0x
Price to Book	4.26x	0x	0x	0x
EV/Revenue	1.57x	4.25x	4.63x	5.95x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	0.01x	0.02x	0.04x
EV/FCF	--	16.22x	43.96x	114.01x
FCF Yield	--	15,920.76%	6,498.69%	2,724.36%