600522.SS 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	102.7B EUR	207.1B EUR	102.7B EUR	61.84B EUR
Enterprise Value	89.62B EUR	193.33B EUR	91.24B EUR	47.24B EUR
Valuation Multiples
Trailing P/E	27.61x	70.17x	42.38x	29.01x
Forward P/E	10.53x	--	--	--
Price to Sales	1.72x	4.56x	2.47x	1.62x
Price to Book	2.66x	5.39x	2.7x	1.65x
EV/Revenue	1.5x	4.25x	2.2x	1.24x
EV/EBITDA	16.59x	53.35x	30.68x	18.4x
Price to FCF (P/FCF)	30.34x	73.87x	288.33x	52.85x
EV/FCF	26.48x	68.96x	256.17x	40.37x
FCF Yield	3.3%	1.35%	0.35%	1.89%