0323.HK 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	11.28B EUR	12.86B EUR	19.33B EUR	19.33B EUR
Enterprise Value	25.03B EUR	14.32B EUR	22.89B EUR	24.08B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	-73.25x	--	--	--
Price to Sales	0.15x	0.22x	0.34x	0.33x
Price to Book	0.4x	0.54x	0.8x	0.8x
EV/Revenue	0.33x	0.25x	0.41x	0.41x
EV/EBITDA	5.18x	11.23x	14.4x	15.95x
Price to FCF (P/FCF)	1.18x	6.14x	132.98x	--
EV/FCF	2.62x	6.83x	157.49x	--
FCF Yield	84.81%	16.3%	0.75%	-5.78%