FIP 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	313.18M EUR	548.36M EUR	583.73M EUR	536.12M EUR
Enterprise Value	4.14B EUR	3.38B EUR	4.46B EUR	4.33B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-2.01x	--	--	--
Price to Sales	0.48x	0.83x	0.98x	1.32x
Price to Book	--	0.66x	0.58x	0.48x
EV/Revenue	6.28x	5.13x	7.49x	10.66x
EV/EBITDA	18.27x	12.97x	18.77x	24.82x
Price to FCF (P/FCF)	0.55x	--	--	--
EV/FCF	7.33x	--	--	--
FCF Yield	180.33%	-58.15%	-62.17%	-46.09%