600201.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	13.02B EUR	12.95B EUR	16.01B EUR	16.75B EUR
Enterprise Value	11.45B EUR	11.44B EUR	14.77B EUR	15.49B EUR
Valuation Multiples
Trailing P/E	91.08x	301.91x	4,729.75x	--
Forward P/E	49.33x	--	--	--
Price to Sales	8.49x	11.66x	16.53x	17.21x
Price to Book	2.38x	2.39x	2.93x	3.12x
EV/Revenue	7.47x	10.31x	15.25x	15.91x
EV/EBITDA	37.34x	77.05x	219.43x	247.68x
Price to FCF (P/FCF)	--	192.12x	201.22x	140.99x
EV/FCF	--	169.76x	185.63x	130.36x
FCF Yield	-0.41%	0.52%	0.5%	0.71%