600651.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	12.61B EUR	14.01B EUR	17.4B EUR
Enterprise Value	12.15B EUR	13.48B EUR	16.92B EUR
Valuation Multiples
Trailing P/E	503x	324.96x	356.2x
Forward P/E	7.98x	--	--
Price to Sales	7.63x	8.38x	10.25x
Price to Book	5x	5.56x	6.9x
EV/Revenue	7.35x	8.06x	9.97x
EV/EBITDA	580.93x	200.57x	223.76x
Price to FCF (P/FCF)	131.47x	91.13x	228.86x
EV/FCF	126.71x	87.68x	222.58x
FCF Yield	0.76%	1.1%	0.44%