BAC-PN 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	--	143.81B EUR	149.73B EUR
Enterprise Value	70.73B EUR	277.54B EUR	276.32B EUR
Valuation Multiples
Trailing P/E	5.07x	4.53x	4.9x
Forward P/E	--	--	--
Price to Sales	--	1.23x	1.3x
Price to Book	0.45x	0.48x	0.49x
EV/Revenue	0.62x	2.37x	2.4x
EV/EBITDA	--	--	--
Price to FCF (P/FCF)	--	2.54x	11.87x
EV/FCF	--	4.91x	21.91x
FCF Yield	--	39.33%	8.42%