HOFI.ST Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	16.91B EUR	15.62B EUR	12.94B EUR
Enterprise Value	26.9B EUR	25.84B EUR	22.76B EUR
Valuation Multiples
Trailing P/E	12.43x	11.11x	10.85x
Forward P/E	16.21x	--	--
Price to Sales	3.51x	3.62x	3.26x
Price to Book	2.63x	2.05x	1.76x
EV/Revenue	5.58x	5.99x	5.74x
EV/EBITDA	--	--	--
Price to FCF (P/FCF)	--	2.92x	2.24x
EV/FCF	--	4.83x	3.95x
FCF Yield	--	34.27%	44.58%