600348.SS 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	32.76B EUR	27.6B EUR	31.78B EUR	29.8B EUR
Enterprise Value	54.54B EUR	44.38B EUR	51.35B EUR	44.61B EUR
Valuation Multiples
Trailing P/E	18.16x	16.82x	25.46x	21.89x
Forward P/E	15.39x	--	--	--
Price to Sales	1.63x	1.92x	2.14x	1.89x
Price to Book	1.19x	0.74x	0.91x	0.82x
EV/Revenue	2.71x	3.08x	3.46x	2.84x
EV/EBITDA	9.05x	13.28x	17.96x	15.12x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-4.46%	-7.35%	-11.44%	-9.9%