3986.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	276.91B EUR	833.68B EUR	240.48B EUR	--
Enterprise Value	259.81B EUR	816.79B EUR	225.88B EUR	--
Valuation Multiples
Trailing P/E	31.1x	112.33x	101.6x	--
Forward P/E	16.53x	--	--	--
Price to Sales	16.66x	59.82x	27.32x	--
Price to Book	6.35x	22.36x	9.52x	--
EV/Revenue	15.63x	58.6x	25.66x	--
EV/EBITDA	36.81x	135.28x	90.38x	--
Price to FCF (P/FCF)	78.1x	163.39x	127.51x	--
EV/FCF	73.27x	160.08x	119.77x	--
FCF Yield	1.28%	0.61%	0.78%	--