GGRM.JK 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	34.63T EUR	31.27T EUR	27.13T EUR	26.94T EUR
Enterprise Value	25.9T EUR	22.55T EUR	22.07T EUR	24.09T EUR
Valuation Multiples
Trailing P/E	7.84x	9.13x	13.56x	57.86x
Forward P/E	9.23x	--	--	--
Price to Sales	0.4x	0.49x	0.43x	0.41x
Price to Book	0.54x	0.49x	0.42x	0.43x
EV/Revenue	0.3x	0.36x	0.35x	0.36x
EV/EBITDA	2.8x	4.18x	5.9x	11.66x
Price to FCF (P/FCF)	3.29x	5.01x	4.16x	5.49x
EV/FCF	2.46x	3.61x	3.38x	4.91x
FCF Yield	30.36%	19.95%	24.06%	18.21%