1120.SR 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	373.8B EUR	395.4B EUR	426.4B EUR	390B EUR
Enterprise Value	402.38B EUR	387.42B EUR	419.52B EUR	388.82B EUR
Valuation Multiples
Trailing P/E	14.98x	19.63x	22.12x	21.16x
Forward P/E	11.93x	--	--	--
Price to Sales	9.59x	12.48x	14.03x	13.41x
Price to Book	3.1x	2.59x	2.8x	2.73x
EV/Revenue	10.32x	12.23x	13.8x	13.37x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	21.71x	--	--
EV/FCF	--	21.27x	--	--
FCF Yield	--	4.61%	-2.03%	-2.86%