601969.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	18.08B EUR	15.7B EUR	22.67B EUR	23.74B EUR
Enterprise Value	20.28B EUR	17.4B EUR	24.2B EUR	24.86B EUR
Valuation Multiples
Trailing P/E	26.79x	24.79x	51.58x	59.47x
Forward P/E	21.19x	--	--	--
Price to Sales	3.83x	4.16x	6.52x	6.84x
Price to Book	2.53x	2.21x	3.24x	3.44x
EV/Revenue	4.3x	4.61x	6.96x	7.16x
EV/EBITDA	9.81x	21.02x	44.86x	45.68x
Price to FCF (P/FCF)	--	--	29,807.73x	349.48x
EV/FCF	--	--	31,817.45x	366.03x
FCF Yield	-1.53%	-0.68%	0%	0.29%