601111.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	118.45B EUR	123.98B EUR	117.43B EUR	163.49B EUR
Enterprise Value	313.02B EUR	321.83B EUR	318.52B EUR	365.58B EUR
Valuation Multiples
Trailing P/E	--	--	--	--
Forward P/E	30.69x	--	--	--
Price to Sales	0.66x	0.95x	0.93x	1.34x
Price to Book	1.98x	2.07x	2.67x	3.84x
EV/Revenue	1.74x	2.46x	2.51x	2.99x
EV/EBITDA	23.81x	91.64x	37.69x	68.43x
Price to FCF (P/FCF)	23.99x	--	13.54x	15.18x
EV/FCF	63.4x	--	36.74x	33.94x
FCF Yield	4.17%	-0.57%	7.38%	6.59%