688278.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	20.72B EUR	22.21B EUR	26.45B EUR	34.16B EUR
Enterprise Value	20B EUR	22.14B EUR	25.7B EUR	33.78B EUR
Valuation Multiples
Trailing P/E	19.3x	26.38x	34.11x	43.07x
Forward P/E	14.85x	--	--	--
Price to Sales	5.15x	7.27x	9.28x	12.53x
Price to Book	6.5x	7.15x	7.29x	9.9x
EV/Revenue	4.97x	7.25x	9.01x	12.39x
EV/EBITDA	14.04x	22.74x	28.92x	36.77x
Price to FCF (P/FCF)	72.91x	61.27x	76.65x	78.95x
EV/FCF	70.36x	61.08x	74.47x	78.08x
FCF Yield	1.37%	1.63%	1.3%	1.27%