600301.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	30.99B EUR	38.79B EUR	30.55B EUR	24.27B EUR
Enterprise Value	31.31B EUR	38.11B EUR	29.99B EUR	23.5B EUR
Valuation Multiples
Trailing P/E	32.44x	46.15x	42.62x	35.25x
Forward P/E	14.71x	--	--	--
Price to Sales	5.12x	8.25x	7x	5.45x
Price to Book	6.09x	7.62x	6.13x	5.05x
EV/Revenue	5.17x	8.1x	6.87x	5.28x
EV/EBITDA	15.7x	24.3x	22.33x	17.71x
Price to FCF (P/FCF)	24.38x	36.72x	25.89x	25.2x
EV/FCF	24.63x	36.08x	25.42x	24.4x
FCF Yield	4.1%	2.72%	3.86%	3.97%