688023.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	4.99B EUR	3.75B EUR	4.82B EUR	5.25B EUR
Enterprise Value	4.58B EUR	3.42B EUR	4.47B EUR	4.58B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	40.01x	--	--	--
Price to Sales	2.31x	2.23x	2.84x	3.12x
Price to Book	2.31x	1.74x	2.16x	2.21x
EV/Revenue	2.12x	2.03x	2.64x	2.73x
EV/EBITDA	42.61x	22.94x	34.9x	34.1x
Price to FCF (P/FCF)	77.07x	18.48x	25.38x	20.83x
EV/FCF	70.77x	16.83x	23.56x	18.19x
FCF Yield	1.3%	5.41%	3.94%	4.8%