004020.KS 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	3.71T EUR	3.73T EUR	4.68T EUR	4.08T EUR
Enterprise Value	12.31T EUR	12.4T EUR	13.95T EUR	12.65T EUR
Valuation Multiples
Trailing P/E	--	--	644.78x	84.73x
Forward P/E	--	--	--	--
Price to Sales	0.16x	0.16x	0.2x	0.24x
Price to Book	--	0.19x	0.24x	0.21x
EV/Revenue	0.53x	0.54x	0.61x	0.74x
EV/EBITDA	6.47x	6.17x	6.67x	7.78x
Price to FCF (P/FCF)	5.81x	5.29x	12.97x	6.22x
EV/FCF	19.29x	17.6x	38.7x	19.25x
FCF Yield	17.2%	18.89%	7.71%	16.09%