BRSP 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	482.06M EUR	691.01M EUR	729.56M EUR	720.31M EUR
Enterprise Value	2.97B EUR	3.18B EUR	3.25B EUR	3.14B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	5.93x	--	--	--
Price to Sales	1.45x	2.11x	2.21x	2.91x
Price to Book	0.56x	0.8x	0.79x	0.77x
EV/Revenue	8.93x	9.7x	9.85x	12.7x
EV/EBITDA	17.94x	76.12x	54x	74.23x
Price to FCF (P/FCF)	--	8.09x	9.93x	11.52x
EV/FCF	--	37.25x	44.2x	50.29x
FCF Yield	-104.5%	12.36%	10.07%	8.68%