600821.SS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	11.17B EUR	17.27B EUR	10.19B EUR
Enterprise Value	39.79B EUR	42.91B EUR	35.15B EUR
Valuation Multiples
Trailing P/E	--	--	--
Forward P/E	9.16x	--	--
Price to Sales	3.47x	7.12x	4.02x
Price to Book	1.37x	1.92x	1.13x
EV/Revenue	12.35x	17.68x	13.88x
EV/EBITDA	15.59x	26.93x	20.16x
Price to FCF (P/FCF)	15.18x	27.47x	--
EV/FCF	54.05x	68.26x	--
FCF Yield	6.59%	3.64%	-7.53%