NB Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	491.51M EUR	648.16M EUR	640.1M EUR
Enterprise Value	80.99M EUR	229.34M EUR	334.15M EUR
Valuation Multiples
Trailing P/E	--	--	--
Forward P/E	-14.81x	--	--
Price to Sales	--	--	--
Price to Book	1.14x	1.49x	2.07x
EV/Revenue	--	--	--
EV/EBITDA	-2.13x	--	--
Price to FCF (P/FCF)	--	--	--
EV/FCF	--	--	--
FCF Yield	-5.78%	-5.54%	-4.81%