JBFCY 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	2.5B EUR	10.1B EUR	13.45B EUR	14.18B EUR
Enterprise Value	127.34B EUR	126.29B EUR	127.96B EUR	118.56B EUR
Valuation Multiples
Trailing P/E	0.01x	1x	1.35x	1.67x
Forward P/E	--	--	--	--
Price to Sales	0.01x	0.03x	0.04x	0.06x
Price to Book	2.16x	0.12x	0.17x	0.18x
EV/Revenue	0.4x	0.4x	0.41x	0.51x
EV/EBITDA	4.24x	3.02x	3.12x	3.69x
Price to FCF (P/FCF)	0.3x	0.46x	0.69x	0.73x
EV/FCF	15.32x	5.81x	6.57x	6.08x
FCF Yield	332.32%	215.36%	144.87%	137.66%