600211.SS 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	11.85B EUR	12.05B EUR	13.08B EUR	13.71B EUR
Enterprise Value	9.45B EUR	10.2B EUR	11.31B EUR	12.19B EUR
Valuation Multiples
Trailing P/E	12.02x	14.62x	16.09x	17.5x
Forward P/E	8.84x	--	--	--
Price to Sales	4.11x	4.93x	5.12x	5.39x
Price to Book	2.99x	3.08x	3.35x	3.61x
EV/Revenue	3.28x	4.17x	4.43x	4.79x
EV/EBITDA	10.69x	11.22x	12.45x	13.83x
Price to FCF (P/FCF)	29.07x	15.88x	13.73x	15.63x
EV/FCF	23.17x	13.45x	11.87x	13.89x
FCF Yield	3.44%	6.3%	7.28%	6.4%