600623.SS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	18.48B EUR	17.1B EUR	20.46B EUR
Enterprise Value	21.46B EUR	12.99B EUR	18.08B EUR
Valuation Multiples
Trailing P/E	33.54x	20.46x	30.51x
Forward P/E	--	--	--
Price to Sales	0.4x	0.45x	0.56x
Price to Book	0.82x	0.76x	0.91x
EV/Revenue	0.46x	0.34x	0.49x
EV/EBITDA	7.79x	7.4x	12.97x
Price to FCF (P/FCF)	--	2.22x	8.74x
EV/FCF	--	1.68x	7.72x
FCF Yield	-1.51%	45.12%	11.44%