RFA.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	1.07B EUR	1.22B EUR	1.1B EUR	278.24M EUR
Enterprise Value	2.16B EUR	2.16B EUR	2.07B EUR	1.24B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	--	--	--	--
Price to Sales	3.71x	4.11x	4.21x	1.56x
Price to Book	0.76x	0.85x	0.77x	0.22x
EV/Revenue	7.48x	7.3x	7.93x	6.95x
EV/EBITDA	19.31x	--	--	--
Price to FCF (P/FCF)	0.92x	30.3x	13.26x	5.54x
EV/FCF	1.85x	53.9x	24.98x	24.61x
FCF Yield	109.05%	3.3%	7.54%	18.06%