600115.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	72.89B EUR	84.15B EUR	93.87B EUR	132.53B EUR
Enterprise Value	238.6B EUR	247.85B EUR	257.29B EUR	303.18B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	17.17x	--	--	--
Price to Sales	0.49x	0.78x	0.9x	1.32x
Price to Book	5.38x	2.38x	2.39x	3.51x
EV/Revenue	1.62x	2.3x	2.47x	3.02x
EV/EBITDA	20.06x	101.04x	41.19x	71.22x
Price to FCF (P/FCF)	13.2x	--	34.91x	25.7x
EV/FCF	43.22x	--	95.68x	58.8x
FCF Yield	7.57%	-3.12%	2.86%	3.89%