600449.SS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	5.85B EUR	6.1B EUR	5.91B EUR
Enterprise Value	3.15B EUR	3.18B EUR	2.87B EUR
Valuation Multiples
Trailing P/E	43.71x	86.84x	89.11x
Forward P/E	4.58x	--	--
Price to Sales	1.39x	1.87x	1.6x
Price to Book	0.8x	0.83x	0.8x
EV/Revenue	0.75x	0.97x	0.78x
EV/EBITDA	6.17x	8.52x	7.87x
Price to FCF (P/FCF)	10.6x	12.16x	10.57x
EV/FCF	5.7x	6.34x	5.14x
FCF Yield	9.43%	8.23%	9.46%