200596.SZ 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	29B EUR	27.36B EUR	37B EUR
Enterprise Value	17.96B EUR	14.58B EUR	23.08B EUR
Valuation Multiples
Trailing P/E	12.7x	8.87x	7.62x
Forward P/E	27.29x	--	--
Price to Sales	1.92x	1.58x	1.56x
Price to Book	1x	1.1x	1.42x
EV/Revenue	1.19x	0.84x	0.97x
EV/EBITDA	5.02x	3.03x	3.18x
Price to FCF (P/FCF)	--	13.35x	9.64x
EV/FCF	--	7.12x	6.01x
FCF Yield	-4.39%	7.49%	10.37%