600109.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	30.2B EUR	32.53B EUR	31.05B EUR	34.46B EUR
Enterprise Value	4.75B EUR	-58.39B EUR	-40.02B EUR	-16.95B EUR
Valuation Multiples
Trailing P/E	12.24x	17.22x	17.28x	20.42x
Forward P/E	9.43x	--	--	--
Price to Sales	3.22x	4.49x	4.59x	5.59x
Price to Book	0.83x	0.9x	0.86x	0.97x
EV/Revenue	0.51x	-8.06x	-5.92x	-2.75x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	0.89x	1.27x	7.6x
EV/FCF	--	-1.6x	-1.64x	-3.74x
FCF Yield	--	112.29%	78.53%	13.16%