600017.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	8.86B EUR	7.69B EUR	9.5B EUR	9.23B EUR
Enterprise Value	30.19B EUR	25.7B EUR	26.91B EUR	25.55B EUR
Valuation Multiples
Trailing P/E	19.2x	25.42x	34.96x	28.12x
Forward P/E	13.09x	--	--	--
Price to Sales	1.11x	1.29x	1.67x	1.58x
Price to Book	0.62x	0.54x	0.68x	0.66x
EV/Revenue	3.79x	4.3x	4.73x	4.39x
EV/EBITDA	11.71x	22.91x	25.49x	31.19x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-11.92%	-12.99%	-3.07%	-6.28%