PNNT 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	207.64M EUR	226.58M EUR	293.18M EUR	389.16M EUR
Enterprise Value	718.28M EUR	735.26M EUR	835.61M EUR	952.61M EUR
Valuation Multiples
Trailing P/E	21.2x	22.36x	21.23x	24.11x
Forward P/E	5.7x	--	--	--
Price to Sales	1.98x	10.54x	11.44x	14.93x
Price to Book	0.49x	0.53x	0.67x	0.85x
EV/Revenue	6.85x	34.19x	32.6x	36.55x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	1.37x	2x	2.56x	4.98x
EV/FCF	4.74x	6.49x	7.29x	12.18x
FCF Yield	73.02%	49.96%	39.09%	20.1%