688390.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	13.13B EUR	26.37B EUR	22.98B EUR	15.1B EUR
Enterprise Value	12.82B EUR	26.11B EUR	22.83B EUR	14.86B EUR
Valuation Multiples
Trailing P/E	29.67x	77.51x	137.86x	405.89x
Forward P/E	33.96x	--	--	--
Price to Sales	1.19x	2.95x	3.17x	2.23x
Price to Book	4.23x	8.62x	8.08x	5.52x
EV/Revenue	1.16x	2.92x	3.15x	2.19x
EV/EBITDA	18.14x	50.52x	93.77x	72.41x
Price to FCF (P/FCF)	16.26x	39.54x	33.84x	28.01x
EV/FCF	15.89x	39.14x	33.62x	27.56x
FCF Yield	6.15%	2.53%	2.96%	3.57%