2023.TW 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	25.07B EUR	24.44B EUR	26.43B EUR	28.46B EUR
Enterprise Value	83.33B EUR	82.22B EUR	81.53B EUR	80.95B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	36.71x	--	--	--
Price to Sales	0.39x	0.38x	0.4x	0.58x
Price to Book	0.86x	0.78x	0.83x	0.87x
EV/Revenue	1.29x	1.27x	1.25x	1.65x
EV/EBITDA	33.7x	62.23x	--	--
Price to FCF (P/FCF)	--	--	256.78x	13.97x
EV/FCF	--	--	792.14x	39.72x
FCF Yield	-13.3%	-9.39%	0.39%	7.16%