TBCH 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	237.12M EUR	222.98M EUR	198.82M EUR	269.18M EUR
Enterprise Value	293.76M EUR	284.1M EUR	239.34M EUR	336.51M EUR
Valuation Multiples
Trailing P/E	--	--	167.22x	16.42x
Forward P/E	13.24x	--	--	--
Price to Sales	0.8x	0.75x	0.67x	1.05x
Price to Book	2.94x	2.76x	1.78x	2.09x
EV/Revenue	0.99x	0.95x	0.8x	1.31x
EV/EBITDA	12.7x	12.89x	12.99x	11.41x
Price to FCF (P/FCF)	7.24x	6.91x	8.7x	--
EV/FCF	8.97x	8.81x	10.47x	--
FCF Yield	13.82%	14.46%	11.49%	-2.32%