600170.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	19.82B EUR	19.73B EUR	24.35B EUR	23.55B EUR
Enterprise Value	17.25B EUR	17.27B EUR	23.18B EUR	1.69B EUR
Valuation Multiples
Trailing P/E	44.6x	45.4x	26.57x	31.99x
Forward P/E	11.15x	--	--	--
Price to Sales	0.1x	0.14x	0.15x	0.15x
Price to Book	0.63x	0.39x	0.48x	0.47x
EV/Revenue	0.09x	0.12x	0.14x	0.01x
EV/EBITDA	3.7x	3.99x	4.59x	0.37x
Price to FCF (P/FCF)	2.04x	3.69x	2.45x	9.21x
EV/FCF	1.78x	3.23x	2.34x	0.66x
FCF Yield	49.03%	27.09%	40.76%	10.86%