002128.SZ 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	90.04B EUR	68.28B EUR	67.4B EUR	62.56B EUR
Enterprise Value	105.42B EUR	76.96B EUR	70.79B EUR	67.24B EUR
Valuation Multiples
Trailing P/E	9.47x	8.62x	11.5x	16.21x
Forward P/E	10.91x	--	--	--
Price to Sales	2.64x	1.73x	2.17x	2.77x
Price to Book	1.7x	1.29x	1.7x	1.64x
EV/Revenue	3.09x	1.94x	2.28x	2.98x
EV/EBITDA	7.06x	5.96x	7.54x	10.97x
Price to FCF (P/FCF)	14.72x	9.5x	23.43x	72.61x
EV/FCF	17.24x	10.71x	24.61x	78.04x
FCF Yield	6.79%	10.53%	4.27%	1.38%