2535.TW 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	23.75B EUR	23.81B EUR	18.32B EUR	16.4B EUR
Enterprise Value	23.71B EUR	25.67B EUR	18.75B EUR	18.46B EUR
Valuation Multiples
Trailing P/E	8.97x	8.97x	8.45x	11.55x
Forward P/E	--	--	--	--
Price to Sales	0.97x	0.97x	0.74x	0.94x
Price to Book	2.2x	2.2x	1.85x	1.59x
EV/Revenue	0.97x	1.05x	0.76x	1.06x
EV/EBITDA	11.58x	7.93x	6.94x	10.59x
Price to FCF (P/FCF)	9.66x	8.17x	3.75x	5.15x
EV/FCF	9.64x	8.81x	3.84x	5.8x
FCF Yield	10.35%	12.24%	26.65%	19.4%