600020.SS 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	8.81B EUR	8.29B EUR	8.7B EUR
Enterprise Value	43.09B EUR	41.97B EUR	42.03B EUR
Valuation Multiples
Trailing P/E	15.68x	12.54x	12.47x
Forward P/E	7.69x	--	--
Price to Sales	1.37x	1.29x	1.39x
Price to Book	0.57x	0.54x	0.54x
EV/Revenue	6.72x	6.52x	6.72x
EV/EBITDA	18.88x	13.72x	13.71x
Price to FCF (P/FCF)	107.17x	25.59x	23.25x
EV/FCF	524.14x	129.48x	112.38x
FCF Yield	0.93%	3.91%	4.3%