CYPH 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	313.01M EUR	65.95M EUR	74.67M EUR	97.27M EUR
Enterprise Value	295.23M EUR	58.37M EUR	68.02M EUR	83.27M EUR
Valuation Multiples
Trailing P/E	4.45x	--	--	4.8x
Forward P/E	-32.67x	--	--	--
Price to Sales	--	--	--	--
Price to Book	2.27x	0.47x	0.89x	0.63x
EV/Revenue	--	--	--	--
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-46.72%	-199.54%	-179.25%	-129.97%