600635.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	13.26B EUR	12.64B EUR	16.42B EUR
Enterprise Value	15.86B EUR	17.45B EUR	20.45B EUR
Valuation Multiples
Trailing P/E	40.82x	44.51x	58.79x
Forward P/E	23.63x	--	--
Price to Sales	2.14x	1.96x	2.33x
Price to Book	1.5x	1.42x	1.85x
EV/Revenue	2.56x	2.7x	2.91x
EV/EBITDA	32.77x	18.38x	21.43x
Price to FCF (P/FCF)	82.56x	72.16x	33.05x
EV/FCF	98.74x	99.67x	41.18x
FCF Yield	1.21%	1.39%	3.03%