TI.BO 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	134.17B EUR	112.03B EUR	102.85B EUR	103.2B EUR
Enterprise Value	152.99B EUR	112.03B EUR	123.68B EUR	103.2B EUR
Valuation Multiples
Trailing P/E	--	--	492.8x	288.45x
Forward P/E	31.9x	--	--	--
Price to Sales	4.48x	3.71x	4.35x	7.28x
Price to Book	4.51x	--	3.45x	--
EV/Revenue	5.1x	3.71x	5.23x	7.28x
EV/EBITDA	30.95x	21.54x	27.77x	36.37x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	--	--	--	--