BEZQ.TA 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	20.11B EUR	1.94T EUR	2.08T EUR	1.97T EUR
Enterprise Value	27.4B EUR	1.95T EUR	2.09T EUR	1.98T EUR
Valuation Multiples
Trailing P/E	17.02x	1,606.41x	1,570.17x	1,768.24x
Forward P/E	15.91x	--	--	--
Price to Sales	2.32x	223.77x	240.91x	304.6x
Price to Book	727.63x	698.47x	657.13x	667.06x
EV/Revenue	3.16x	224.74x	241.91x	306.01x
EV/EBITDA	8.61x	493.13x	528.5x	643.14x
Price to FCF (P/FCF)	13.08x	1,141.9x	1,190.88x	1,680.73x
EV/FCF	17.83x	1,146.87x	1,195.86x	1,688.52x
FCF Yield	7.64%	0.09%	0.08%	0.06%