601019.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	14.73B EUR	13.36B EUR	18.57B EUR	18.03B EUR
Enterprise Value	9.22B EUR	10.5B EUR	14.56B EUR	11.88B EUR
Valuation Multiples
Trailing P/E	12.84x	23.48x	30.67x	30.03x
Forward P/E	8.61x	--	--	--
Price to Sales	1.37x	1.8x	2.36x	2.3x
Price to Book	0.95x	0.86x	1.18x	1.17x
EV/Revenue	0.86x	1.42x	1.85x	1.52x
EV/EBITDA	7.76x	14.67x	18.82x	15.27x
Price to FCF (P/FCF)	9.61x	24.13x	25.31x	14.15x
EV/FCF	6.01x	18.97x	19.84x	9.33x
FCF Yield	10.4%	4.14%	3.95%	7.06%