TFIN 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	1.49B EUR	1.82B EUR	1.42B EUR	1.49B EUR
Enterprise Value	805.18M EUR	1.04B EUR	981.43M EUR	1.63B EUR
Valuation Multiples
Trailing P/E	42.25x	47.18x	44.81x	58.73x
Forward P/E	19.08x	--	--	--
Price to Sales	3.29x	4.13x	3.32x	4.61x
Price to Book	1.63x	1.89x	1.49x	1.58x
EV/Revenue	1.77x	2.36x	2.3x	5.06x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	23.35x	33.64x	33.7x
EV/FCF	--	13.32x	23.24x	36.97x
FCF Yield	--	4.28%	2.97%	2.97%