NOEJ.F Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	423.84M EUR	507.01M EUR	482.35M EUR
Enterprise Value	130.73M EUR	201.89M EUR	26.3M EUR
Valuation Multiples
Trailing P/E	--	1.73x	1.67x
Forward P/E	16.85x	--	--
Price to Sales	0.52x	0.56x	0.53x
Price to Book	0.52x	0.62x	0.55x
EV/Revenue	0.16x	0.22x	0.03x
EV/EBITDA	-3.96x	3.54x	0.47x
Price to FCF (P/FCF)	6.53x	--	89.72x
EV/FCF	2.02x	--	4.89x
FCF Yield	15.3%	-12.98%	1.11%