600859.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	11.12B EUR	10.32B EUR	13.69B EUR	17.45B EUR
Enterprise Value	12.96B EUR	13.07B EUR	16.99B EUR	20.4B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	123.63x	--	--	--
Price to Sales	1.14x	1.39x	1.79x	2.24x
Price to Book	0.57x	0.53x	0.7x	0.9x
EV/Revenue	1.33x	1.76x	2.23x	2.61x
EV/EBITDA	11.89x	299.98x	3,250.55x	18,548.78x
Price to FCF (P/FCF)	11.72x	8.74x	12.64x	21.62x
EV/FCF	13.66x	11.08x	15.69x	25.27x
FCF Yield	8.53%	11.44%	7.91%	4.62%