600167.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	13.69B EUR	12.65B EUR	15.25B EUR	15.91B EUR
Enterprise Value	9.82B EUR	8.53B EUR	10.64B EUR	11B EUR
Valuation Multiples
Trailing P/E	27.5x	26.55x	26.21x	23.84x
Forward P/E	13.75x	--	--	--
Price to Sales	4.45x	4.49x	5.32x	5.34x
Price to Book	1.16x	1.09x	1.27x	1.38x
EV/Revenue	3.19x	3.03x	3.71x	3.69x
EV/EBITDA	10.79x	10.55x	12.11x	11.11x
Price to FCF (P/FCF)	14.43x	11.75x	13.49x	16.24x
EV/FCF	10.35x	7.93x	9.41x	11.23x
FCF Yield	6.93%	8.51%	7.41%	6.16%