002605.SZ 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	6.99B EUR	7.63B EUR	8.5B EUR	9.73B EUR
Enterprise Value	6.85B EUR	7.54B EUR	8.01B EUR	9.32B EUR
Valuation Multiples
Trailing P/E	16.56x	26.03x	25.62x	29.24x
Forward P/E	10.59x	--	--	--
Price to Sales	2.72x	4.01x	4.19x	4.82x
Price to Book	1.81x	1.99x	2.15x	2.55x
EV/Revenue	2.66x	3.96x	3.95x	4.62x
EV/EBITDA	11.31x	19.1x	18.07x	20.8x
Price to FCF (P/FCF)	68.14x	60.06x	30.09x	58.53x
EV/FCF	66.78x	59.34x	28.35x	56.04x
FCF Yield	1.47%	1.67%	3.32%	1.71%