603119.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	22.96B EUR	31.37B EUR	26.46B EUR	42.07B EUR
Enterprise Value	22.67B EUR	31.57B EUR	26.62B EUR	42.17B EUR
Valuation Multiples
Trailing P/E	74.69x	139.25x	125.51x	211.93x
Forward P/E	47.14x	--	--	--
Price to Sales	13.49x	23.87x	24.09x	42.57x
Price to Book	10.91x	14.95x	12.55x	20.66x
EV/Revenue	13.32x	24.02x	24.24x	42.66x
EV/EBITDA	57.39x	107.09x	101.37x	174.57x
Price to FCF (P/FCF)	404.6x	201.74x	511.06x	779.14x
EV/FCF	399.57x	203.01x	514.24x	780.86x
FCF Yield	0.25%	0.5%	0.2%	0.13%