M&M.NS 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	3.36T EUR	3.43T EUR	3.55T EUR
Enterprise Value	4.15T EUR	3.43T EUR	4.84T EUR
Valuation Multiples
Trailing P/E	16.75x	18.17x	21.21x
Forward P/E	17.84x	--	--
Price to Sales	1.56x	1.64x	1.82x
Price to Book	3.36x	--	3.81x
EV/Revenue	1.93x	1.64x	2.49x
EV/EBITDA	10.38x	7.75x	11.71x
Price to FCF (P/FCF)	--	--	--
EV/FCF	--	--	--
FCF Yield	--	--	--