034020.KS 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	49.85T EUR	56.68T EUR	63.79T EUR	48.23T EUR
Enterprise Value	58.86T EUR	61.54T EUR	67.73T EUR	51.38T EUR
Valuation Multiples
Trailing P/E	--	313.03x	413.2x	313.93x
Forward P/E	--	--	--	--
Price to Sales	2.81x	3.2x	3.63x	3.62x
Price to Book	--	6.95x	7.94x	6.19x
EV/Revenue	3.32x	3.47x	3.85x	3.86x
EV/EBITDA	40.79x	43.93x	51.3x	53.39x
Price to FCF (P/FCF)	--	--	3,164.2x	63.7x
EV/FCF	--	--	3,359.73x	67.86x
FCF Yield	-0.76%	-0.44%	0.03%	1.57%