NPKI 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	962.88M EUR	1.35B EUR	1.22B EUR
Enterprise Value	985.61M EUR	1.36B EUR	1.24B EUR
Valuation Multiples
Trailing P/E	24.65x	29.56x	27.97x
Forward P/E	18.1x	--	--
Price to Sales	3.2x	4.5x	4.32x
Price to Book	2.59x	3.64x	3.4x
EV/Revenue	3.28x	4.54x	4.36x
EV/EBITDA	11.82x	16.02x	15.51x
Price to FCF (P/FCF)	53.95x	53.37x	65.28x
EV/FCF	55.22x	53.8x	65.97x
FCF Yield	1.85%	1.87%	1.53%