000650.SZ Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	7.41B EUR	8.04B EUR	7.91B EUR
Enterprise Value	3.67B EUR	7.03B EUR	5.14B EUR
Valuation Multiples
Trailing P/E	18.89x	28.64x	25.98x
Forward P/E	8.67x	--	--
Price to Sales	2.03x	2.85x	2.95x
Price to Book	1.12x	1.24x	1.25x
EV/Revenue	1x	2.49x	1.92x
EV/EBITDA	5.38x	10.97x	7.98x
Price to FCF (P/FCF)	12.61x	12.53x	12.73x
EV/FCF	6.24x	10.96x	8.27x
FCF Yield	7.93%	7.98%	7.86%