TISCO-R.BK 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	98.89B EUR	89.68B EUR	89.67B EUR	85.68B EUR
Enterprise Value	115.1B EUR	108.68B EUR	108.48B EUR	100.64B EUR
Valuation Multiples
Trailing P/E	14.76x	13.05x	13.29x	17.08x
Forward P/E	--	--	--	--
Price to Sales	5.59x	4.19x	4.25x	5.46x
Price to Book	2.33x	2.11x	1.99x	1.98x
EV/Revenue	6.5x	5.08x	5.14x	6.41x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	13.06x	11.33x	13.43x
EV/FCF	--	15.82x	13.7x	15.78x
FCF Yield	--	7.66%	8.83%	7.45%