002602.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	100.54B EUR	103.93B EUR	117.64B EUR	125.74B EUR
Enterprise Value	88.03B EUR	93.71B EUR	107.72B EUR	116.63B EUR
Valuation Multiples
Trailing P/E	13.24x	18.07x	25.68x	32.21x
Forward P/E	8.74x	--	--	--
Price to Sales	2.35x	3.17x	3.83x	4.51x
Price to Book	2.9x	3.04x	3.64x	4.1x
EV/Revenue	2.06x	2.86x	3.5x	4.18x
EV/EBITDA	9.06x	13.25x	17.9x	21.97x
Price to FCF (P/FCF)	20.05x	17.05x	19.03x	22.18x
EV/FCF	17.56x	15.37x	17.43x	20.57x
FCF Yield	4.99%	5.87%	5.26%	4.51%