5903.TWO 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	41.41B EUR	41.97B EUR	42.3B EUR	42.86B EUR
Enterprise Value	69.04B EUR	69.04B EUR	72.03B EUR	72.69B EUR
Valuation Multiples
Trailing P/E	23.75x	32.54x	38.75x	34.73x
Forward P/E	21.11x	--	--	--
Price to Sales	0.36x	0.49x	0.5x	0.53x
Price to Book	4.72x	4.78x	5.14x	4.56x
EV/Revenue	0.6x	0.8x	0.86x	0.89x
EV/EBITDA	14.13x	7.27x	7.83x	7.85x
Price to FCF (P/FCF)	8.25x	6.78x	8.4x	8.86x
EV/FCF	13.76x	11.16x	14.31x	15.03x
FCF Yield	12.12%	14.74%	11.9%	11.29%