600975.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	6.47B EUR	5.39B EUR	6.69B EUR	7.36B EUR
Enterprise Value	13.42B EUR	12.13B EUR	13.11B EUR	13.62B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	7.19x	--	--	--
Price to Sales	1.01x	1.15x	1.27x	1.32x
Price to Book	4.54x	3.77x	3.74x	3.4x
EV/Revenue	2.1x	2.58x	2.49x	2.45x
EV/EBITDA	-12.91x	--	--	--
Price to FCF (P/FCF)	30.87x	--	--	23.78x
EV/FCF	64x	--	--	44x
FCF Yield	3.24%	-11.63%	-2.3%	4.2%