000028.SZ 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	12.22B EUR	11.58B EUR	14.55B EUR	13.67B EUR
Enterprise Value	12.88B EUR	9B EUR	13.46B EUR	10.12B EUR
Valuation Multiples
Trailing P/E	11.41x	14.75x	18.09x	16.18x
Forward P/E	7.13x	--	--	--
Price to Sales	0.17x	0.21x	0.27x	0.25x
Price to Book	0.65x	0.61x	0.77x	0.73x
EV/Revenue	0.18x	0.16x	0.25x	0.18x
EV/EBITDA	7x	6.12x	8.55x	6.22x
Price to FCF (P/FCF)	4.11x	24.15x	16.58x	6.98x
EV/FCF	4.33x	18.77x	15.35x	5.17x
FCF Yield	24.34%	4.14%	6.03%	14.33%