601226.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	7.69B EUR	7.39B EUR	10.54B EUR	9.11B EUR
Enterprise Value	6.84B EUR	6.37B EUR	9.7B EUR	7.61B EUR
Valuation Multiples
Trailing P/E	41.38x	65.4x	87.2x	100.44x
Forward P/E	22.07x	--	--	--
Price to Sales	0.69x	0.87x	1.34x	1.18x
Price to Book	1.74x	1.67x	2.42x	2.07x
EV/Revenue	0.61x	0.75x	1.23x	0.98x
EV/EBITDA	21.05x	55.71x	68.82x	71.07x
Price to FCF (P/FCF)	12.09x	27.47x	--	--
EV/FCF	10.74x	23.67x	--	--
FCF Yield	8.27%	3.64%	-2.21%	-5.45%