IBCP 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	785.19M EUR	743.13M EUR	685.51M EUR	668.46M EUR
Enterprise Value	792.12M EUR	744.59M EUR	577.48M EUR	646.94M EUR
Valuation Multiples
Trailing P/E	10.25x	10.36x	9.82x	12.62x
Forward P/E	9.12x	--	--	--
Price to Sales	3.4x	3.23x	3.07x	4.03x
Price to Book	1.38x	1.41x	1.34x	1.33x
EV/Revenue	3.43x	3.24x	2.59x	3.9x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	19.51x	17.91x	12.85x
EV/FCF	--	19.55x	15.09x	12.43x
FCF Yield	--	5.13%	5.58%	7.78%