FISI 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	757.71M EUR	767.96M EUR	624.25M EUR	617.09M EUR
Enterprise Value	978.46M EUR	961.36M EUR	763.44M EUR	842.56M EUR
Valuation Multiples
Trailing P/E	9.54x	9.29x	7.9x	10.64x
Forward P/E	8.94x	--	--	--
Price to Sales	3.11x	3.02x	2.51x	3.3x
Price to Book	1.21x	1.19x	0.99x	0.98x
EV/Revenue	4.02x	3.78x	3.06x	4.51x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	13.66x	23.03x	151.8x
EV/FCF	--	17.09x	28.17x	207.27x
FCF Yield	--	7.32%	4.34%	0.66%