MCBS 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	980.17M EUR	1.03B EUR	821.68M EUR	764.83M EUR
Enterprise Value	1.12B EUR	1.17B EUR	887.24M EUR	919.3M EUR
Valuation Multiples
Trailing P/E	11.88x	12.94x	11.02x	14.64x
Forward P/E	10.36x	--	--	--
Price to Sales	5.31x	5.73x	4.88x	6.51x
Price to Book	1.73x	1.82x	1.48x	1.41x
EV/Revenue	6.05x	6.48x	5.27x	7.83x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	12.78x	11.57x	30.37x
EV/FCF	--	14.44x	12.5x	36.5x
FCF Yield	--	7.83%	8.64%	3.29%