FBIZ 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	580.43M EUR	518.5M EUR	449.97M EUR	452.07M EUR
Enterprise Value	917.02M EUR	518.5M EUR	623.32M EUR	671.99M EUR
Valuation Multiples
Trailing P/E	10.59x	12.99x	8.76x	8.98x
Forward P/E	9.98x	--	--	--
Price to Sales	3.43x	3.96x	2.61x	2.68x
Price to Book	1.51x	--	1.18x	1.22x
EV/Revenue	5.41x	3.96x	3.62x	3.99x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	13.91x	8.52x	7.4x
EV/FCF	--	13.91x	11.81x	11x
FCF Yield	--	7.19%	11.73%	13.52%