603885.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	21.1B EUR	22.47B EUR	26.19B EUR	32.5B EUR
Enterprise Value	54.96B EUR	56.35B EUR	58.6B EUR	64.33B EUR
Valuation Multiples
Trailing P/E	30.41x	223.58x	47.5x	71.31x
Forward P/E	11.12x	--	--	--
Price to Sales	0.9x	1.31x	1.6x	2.02x
Price to Book	2.37x	2.6x	2.53x	2.68x
EV/Revenue	2.34x	3.3x	3.59x	4x
EV/EBITDA	17.74x	63.79x	38.05x	45.46x
Price to FCF (P/FCF)	8.85x	4.73x	5.94x	6.65x
EV/FCF	23.06x	11.86x	13.29x	13.16x
FCF Yield	11.29%	21.14%	16.83%	15.04%