600395.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	10.97B EUR	9.79B EUR	12.17B EUR	10B EUR
Enterprise Value	35.92B EUR	34.07B EUR	35.61B EUR	33.07B EUR
Valuation Multiples
Trailing P/E	26.89x	23.86x	24.75x	29.27x
Forward P/E	102.2x	--	--	--
Price to Sales	1.16x	1.33x	1.58x	1.3x
Price to Book	1.03x	0.92x	1.14x	0.94x
EV/Revenue	3.8x	4.62x	4.62x	4.3x
EV/EBITDA	14.36x	27.29x	28.32x	32.41x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-19.21%	-15.25%	-11.8%	-26.32%