I0K.F 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	1.9B EUR	1.99B EUR	1.45B EUR	1.89B EUR
Enterprise Value	-4.45B EUR	-2.96B EUR	-4.32B EUR	-4.44B EUR
Valuation Multiples
Trailing P/E	11.71x	1.48x	1.54x	3.84x
Forward P/E	--	--	--	--
Price to Sales	0.14x	0.15x	0.11x	0.2x
Price to Book	1.75x	0.24x	0.19x	0.26x
EV/Revenue	-0.34x	-0.23x	-0.33x	-0.47x
EV/EBITDA	-2.65x	-1.96x	-3.94x	-8.44x
Price to FCF (P/FCF)	2.71x	2.58x	1.41x	2.27x
EV/FCF	-6.37x	-3.83x	-4.22x	-5.34x
FCF Yield	36.84%	38.81%	70.7%	44.04%