1211.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	242.22B EUR	230.58B EUR	251.54B EUR	236.54B EUR
Enterprise Value	272.75B EUR	255.39B EUR	274.8B EUR	259.8B EUR
Valuation Multiples
Trailing P/E	31.52x	30x	33.84x	40.8x
Forward P/E	40.26x	--	--	--
Price to Sales	6x	5.71x	6.47x	7.87x
Price to Book	3.71x	3.54x	3.99x	3.84x
EV/Revenue	6.76x	6.33x	7.07x	8.64x
EV/EBITDA	18.66x	15.52x	16.79x	20.56x
Price to FCF (P/FCF)	222.44x	149.83x	71.12x	64.85x
EV/FCF	250.48x	165.95x	77.69x	71.23x
FCF Yield	0.45%	0.67%	1.41%	1.54%