002537.SZ 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	6.74B EUR	6.21B EUR	9.11B EUR	10.64B EUR
Enterprise Value	5.54B EUR	7.06B EUR	9.94B EUR	11.29B EUR
Valuation Multiples
Trailing P/E	19.79x	26.95x	40.51x	47.58x
Forward P/E	17.39x	--	--	--
Price to Sales	1.07x	1.35x	1.89x	2.06x
Price to Book	1.39x	1.39x	2.08x	2.45x
EV/Revenue	0.88x	1.54x	2.06x	2.19x
EV/EBITDA	10.87x	18.89x	27.47x	29.84x
Price to FCF (P/FCF)	12.1x	12.15x	26.91x	23.31x
EV/FCF	9.95x	13.82x	29.36x	24.74x
FCF Yield	8.27%	8.23%	3.72%	4.29%