600037.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	10.35B EUR	8.73B EUR	10.22B EUR	10.16B EUR
Enterprise Value	3.82B EUR	4.12B EUR	5.48B EUR	2.46B EUR
Valuation Multiples
Trailing P/E	41.33x	35.47x	182x	443.63x
Forward P/E	27.56x	--	--	--
Price to Sales	3.93x	4.01x	5.13x	5.77x
Price to Book	0.81x	0.68x	0.8x	0.8x
EV/Revenue	1.45x	1.89x	2.76x	1.4x
EV/EBITDA	13.27x	17.36x	79.15x	242.75x
Price to FCF (P/FCF)	--	--	--	--
EV/FCF	--	--	--	--
FCF Yield	-4.22%	-1.19%	-0.78%	-0.7%