BHFAO 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	--	862.05M EUR	893.73M EUR	885.58M EUR
Enterprise Value	3.78B EUR	-3.09B EUR	-859.27M EUR	-1.35B EUR
Valuation Multiples
Trailing P/E	1.09x	1.04x	--	1.26x
Forward P/E	--	--	--	--
Price to Sales	--	0.14x	0.16x	0.22x
Price to Book	0.12x	0.13x	0.16x	0.13x
EV/Revenue	0.55x	-0.49x	-0.16x	-0.33x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	--	--	7.84x
EV/FCF	0.19x	--	--	-11.92x
FCF Yield	--	-62.41%	-12.08%	12.76%