688111.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	106.24B EUR	98.86B EUR	108.23B EUR	142.23B EUR
Enterprise Value	93.41B EUR	97.53B EUR	107.19B EUR	141.57B EUR
Valuation Multiples
Trailing P/E	29.5x	31.13x	33.85x	101.21x
Forward P/E	40.42x	--	--	--
Price to Sales	16.13x	19.52x	22.93x	32.27x
Price to Book	7.02x	6.56x	7.15x	11.07x
EV/Revenue	14.19x	19.26x	22.71x	32.12x
EV/EBITDA	53.12x	27.76x	30.55x	93.05x
Price to FCF (P/FCF)	75.8x	54.91x	56.62x	75.6x
EV/FCF	66.65x	54.18x	56.07x	75.26x
FCF Yield	1.32%	1.82%	1.77%	1.32%