BOC 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	367.61M EUR	412.13M EUR	358.18M EUR	383.94M EUR
Enterprise Value	470.69M EUR	498.54M EUR	435.04M EUR	463.74M EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-644.5x	--	--	--
Price to Sales	3.18x	3.78x	3.31x	4.79x
Price to Book	0.78x	0.82x	0.7x	0.74x
EV/Revenue	4.07x	4.58x	4.01x	5.79x
EV/EBITDA	21.44x	17.82x	12.7x	15.42x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-13.69%	-1.39%	-2.33%	-1.49%