600481.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	8.34B EUR	10.3B EUR	13.54B EUR	12.25B EUR
Enterprise Value	15.38B EUR	17.37B EUR	20.78B EUR	20.64B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	9.62x	--	--	--
Price to Sales	1.33x	2.26x	2.65x	2.09x
Price to Book	2.05x	2.53x	3.05x	3.35x
EV/Revenue	2.46x	3.81x	4.06x	3.51x
EV/EBITDA	184.07x	--	--	--
Price to FCF (P/FCF)	--	25.28x	19.85x	29.25x
EV/FCF	--	42.62x	30.47x	49.26x
FCF Yield	-9.52%	3.96%	5.04%	3.42%