SBCF 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	3.07B EUR	3.22B EUR	2.96B EUR	3.08B EUR
Enterprise Value	4.26B EUR	3.74B EUR	3.04B EUR	3.62B EUR
Valuation Multiples
Trailing P/E	20.48x	19.85x	20.36x	27.13x
Forward P/E	11.49x	--	--	--
Price to Sales	4.5x	4.39x	4.38x	6.01x
Price to Book	1.11x	1.05x	0.97x	1.01x
EV/Revenue	6.25x	5.1x	4.49x	7.07x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	15.56x	13.41x	20.36x
EV/FCF	--	18.06x	13.76x	23.97x
FCF Yield	--	6.43%	7.46%	4.91%