603960.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	4.19B EUR	4.56B EUR	5.35B EUR	5.2B EUR
Enterprise Value	4.11B EUR	4.3B EUR	4.91B EUR	4.79B EUR
Valuation Multiples
Trailing P/E	1,599x	--	299.88x	214.73x
Forward P/E	30.17x	--	--	--
Price to Sales	9.29x	12.75x	13.51x	12.87x
Price to Book	3.77x	4.1x	4.75x	4.63x
EV/Revenue	9.11x	12.02x	12.41x	11.85x
EV/EBITDA	120.38x	1,022.85x	184.96x	135.89x
Price to FCF (P/FCF)	--	170.75x	81.96x	183.09x
EV/FCF	--	160.91x	75.29x	168.64x
FCF Yield	-1.96%	0.59%	1.22%	0.55%