601865.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	21.74B EUR	24.36B EUR	27.06B EUR	36.5B EUR
Enterprise Value	31.1B EUR	35.19B EUR	27.06B EUR	47.07B EUR
Valuation Multiples
Trailing P/E	55.18x	--	--	--
Forward P/E	16.24x	--	--	--
Price to Sales	1.5x	--	--	--
Price to Book	1x	1.12x	--	1.62x
EV/Revenue	2.15x	--	--	--
EV/EBITDA	9.98x	--	--	--
Price to FCF (P/FCF)	19.93x	--	--	--
EV/FCF	28.51x	--	--	--
FCF Yield	5.02%	--	--	--