603939.SS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	29.16B EUR	21.8B EUR	29.58B EUR
Enterprise Value	25.21B EUR	22.33B EUR	30.84B EUR
Valuation Multiples
Trailing P/E	16.82x	11.79x	16.13x
Forward P/E	13.04x	--	--
Price to Sales	1.17x	0.87x	1.19x
Price to Book	2.41x	1.8x	2.44x
EV/Revenue	1.02x	0.89x	1.24x
EV/EBITDA	9x	7.62x	10.74x
Price to FCF (P/FCF)	11.45x	8.04x	8.64x
EV/FCF	9.9x	8.24x	9x
FCF Yield	8.73%	12.43%	11.58%