600498.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	45.7B EUR	99.96B EUR	68.56B EUR	43.57B EUR
Enterprise Value	54.63B EUR	107.57B EUR	75.87B EUR	48.82B EUR
Valuation Multiples
Trailing P/E	129.42x	862.11x	355.39x	207.75x
Forward P/E	21.07x	--	--	--
Price to Sales	1.75x	4.94x	3.53x	2.3x
Price to Book	2.6x	5.68x	3.9x	2.48x
EV/Revenue	2.09x	5.32x	3.91x	2.57x
EV/EBITDA	40.31x	111.22x	79.2x	50.87x
Price to FCF (P/FCF)	--	25.67x	30.76x	14.2x
EV/FCF	--	27.62x	34.04x	15.91x
FCF Yield	-1.85%	3.9%	3.25%	7.04%