COF-PJ 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	--	10.74B EUR	10.98B EUR	11.31B EUR
Enterprise Value	12.94B EUR	705.12M EUR	-14.25B EUR	4.29B EUR
Valuation Multiples
Trailing P/E	0.62x	1.02x	3.41x	10.78x
Forward P/E	--	--	--	--
Price to Sales	--	0.17x	0.19x	0.26x
Price to Book	0.09x	0.09x	0.1x	0.1x
EV/Revenue	0.27x	0.01x	-0.24x	0.1x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	0.36x	0.4x	0.52x
EV/FCF	--	0.02x	-0.52x	0.2x
FCF Yield	--	276.49%	248.54%	192.97%