600511.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	20.12B EUR	19.65B EUR	22.11B EUR	21.69B EUR
Enterprise Value	14.28B EUR	12.05B EUR	14.8B EUR	10.73B EUR
Valuation Multiples
Trailing P/E	10.46x	14.19x	15.06x	14.93x
Forward P/E	9.46x	--	--	--
Price to Sales	0.38x	0.49x	0.56x	0.56x
Price to Book	1.07x	1.04x	1.16x	1.17x
EV/Revenue	0.27x	0.3x	0.37x	0.28x
EV/EBITDA	6.69x	6.28x	7.47x	5.47x
Price to FCF (P/FCF)	104.63x	14.4x	27.69x	8.69x
EV/FCF	74.25x	8.83x	18.54x	4.3x
FCF Yield	0.96%	6.95%	3.61%	11.51%