600477.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	5.76B EUR	5.45B EUR	7.64B EUR	7.04B EUR
Enterprise Value	10.27B EUR	9.3B EUR	11.55B EUR	11.64B EUR
Valuation Multiples
Trailing P/E	81.33x	110.9x	112.91x	73.98x
Forward P/E	30.5x	--	--	--
Price to Sales	1.08x	1.26x	1.32x	1.15x
Price to Book	1.15x	1.09x	1.53x	1.42x
EV/Revenue	1.93x	2.16x	2x	1.91x
EV/EBITDA	21.69x	54.24x	69.2x	52.37x
Price to FCF (P/FCF)	5.97x	52.86x	--	--
EV/FCF	10.64x	90.19x	--	--
FCF Yield	16.76%	1.89%	-4.05%	-9.73%