600329.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	27.57B EUR	28.66B EUR	31.5B EUR	35.13B EUR
Enterprise Value	24.13B EUR	26.3B EUR	30.65B EUR	34.18B EUR
Valuation Multiples
Trailing P/E	32.25x	45.96x	16.1x	18.43x
Forward P/E	19.78x	--	--	--
Price to Sales	5.84x	7.74x	7.96x	9.01x
Price to Book	4.64x	4.82x	4.19x	4.95x
EV/Revenue	5.11x	7.11x	7.74x	8.77x
EV/EBITDA	22.68x	28.68x	12.35x	14.23x
Price to FCF (P/FCF)	18.71x	46.86x	93.97x	134.64x
EV/FCF	16.38x	43x	91.45x	131x
FCF Yield	5.34%	2.13%	1.06%	0.74%