603026.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	14.6B EUR	20.8B EUR	20.16B EUR	17.41B EUR
Enterprise Value	18.02B EUR	24.55B EUR	24.08B EUR	20.65B EUR
Valuation Multiples
Trailing P/E	27.53x	39.4x	60.75x	799.92x
Forward P/E	53.64x	--	--	--
Price to Sales	1.7x	2.99x	3.46x	3.36x
Price to Book	2.7x	3.85x	3.88x	3.55x
EV/Revenue	2.1x	3.53x	4.13x	3.98x
EV/EBITDA	15.18x	34x	54.19x	883.27x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-15.84%	-13.81%	-12.14%	-8.74%