LNF.TO 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	1.72B EUR	1.64B EUR	1.79B EUR	1.93B EUR
Enterprise Value	1.81B EUR	1.92B EUR	2.06B EUR	2.14B EUR
Valuation Multiples
Trailing P/E	10.88x	10.37x	11.58x	14.46x
Forward P/E	10.97x	--	--	--
Price to Sales	0.68x	0.65x	0.7x	0.97x
Price to Book	1.38x	1.31x	1.46x	1.53x
EV/Revenue	0.71x	0.76x	0.81x	1.08x
EV/EBITDA	8.94x	5.61x	5.92x	7.39x
Price to FCF (P/FCF)	7.41x	5.78x	7.53x	7.83x
EV/FCF	7.8x	6.79x	8.64x	8.72x
FCF Yield	13.49%	17.29%	13.29%	12.77%