688100.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	12.42B EUR	15.04B EUR	17.88B EUR	19.32B EUR
Enterprise Value	11.34B EUR	14.17B EUR	16.95B EUR	17.79B EUR
Valuation Multiples
Trailing P/E	21.96x	38.13x	35.32x	38.87x
Forward P/E	15.46x	--	--	--
Price to Sales	4.64x	7.78x	8.09x	8.65x
Price to Book	3.42x	4.18x	5.05x	5.46x
EV/Revenue	4.24x	7.33x	7.67x	7.96x
EV/EBITDA	19.05x	29.41x	27.18x	29.12x
Price to FCF (P/FCF)	--	--	107.3x	229.2x
EV/FCF	--	--	101.75x	210.96x
FCF Yield	-0.57%	-0.29%	0.93%	0.44%