603328.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	12.66B EUR	12.51B EUR	11.04B EUR	10.94B EUR
Enterprise Value	11.67B EUR	11.95B EUR	10.59B EUR	10.67B EUR
Valuation Multiples
Trailing P/E	40.9x	60.48x	39.28x	30.42x
Forward P/E	15.65x	--	--	--
Price to Sales	3.09x	4.06x	3.69x	3.64x
Price to Book	3x	2.97x	2.55x	2.54x
EV/Revenue	2.85x	3.88x	3.53x	3.55x
EV/EBITDA	20.81x	49.32x	33.08x	25.79x
Price to FCF (P/FCF)	41.78x	114.12x	74.25x	49.26x
EV/FCF	38.52x	109x	71.18x	48.05x
FCF Yield	2.39%	0.88%	1.35%	2.03%