TEN-PF 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	181.46M EUR	814.95M EUR	818.57M EUR	808.17M EUR
Enterprise Value	2.44B EUR	2.23B EUR	2.63B EUR	2.3B EUR
Valuation Multiples
Trailing P/E	--	2.51x	3.86x	6.56x
Forward P/E	--	--	--	--
Price to Sales	0.19x	0.85x	0.96x	1.34x
Price to Book	0.39x	0.41x	0.43x	0.44x
EV/Revenue	2.54x	2.32x	3.08x	3.83x
EV/EBITDA	4.7x	5.94x	8.77x	12.24x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	--	-44.58%	-54.33%	-67.05%