PESI 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	291.96M EUR	303.06M EUR	198.27M EUR	233.14M EUR
Enterprise Value	285.18M EUR	287.78M EUR	195.72M EUR	225.7M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	152.89x	--	--	--
Price to Sales	5.11x	5.3x	3.37x	4.88x
Price to Book	5x	5.2x	4.61x	4.65x
EV/Revenue	4.99x	5.03x	3.32x	4.73x
EV/EBITDA	-16.55x	--	--	--
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-4.89%	-7.29%	-8.95%	-5.57%