600012.SS 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	27.83B EUR	26.93B EUR	26.4B EUR
Enterprise Value	39.46B EUR	37.29B EUR	37.32B EUR
Valuation Multiples
Trailing P/E	14.42x	14.82x	13.91x
Forward P/E	13.7x	--	--
Price to Sales	4.48x	4.91x	3.97x
Price to Book	2.21x	2.14x	1.98x
EV/Revenue	6.36x	6.8x	5.61x
EV/EBITDA	9.58x	13.49x	12.79x
Price to FCF (P/FCF)	11.16x	15.47x	23.1x
EV/FCF	15.82x	21.42x	32.66x
FCF Yield	8.96%	6.47%	4.33%