600392.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	34.78B EUR	52.18B EUR	39.26B EUR	37.74B EUR
Enterprise Value	36.72B EUR	52.87B EUR	39.66B EUR	37.19B EUR
Valuation Multiples
Trailing P/E	25.77x	55.63x	66.85x	88.11x
Forward P/E	38.15x	--	--	--
Price to Sales	1.98x	3.93x	3.54x	3.52x
Price to Book	2.66x	4x	3.05x	2.98x
EV/Revenue	2.09x	3.98x	3.57x	3.47x
EV/EBITDA	19.98x	42.19x	45.12x	53.89x
Price to FCF (P/FCF)	--	--	--	238.46x
EV/FCF	--	--	--	234.97x
FCF Yield	-1.28%	-1.44%	-1.03%	0.42%