603489.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	6.55B EUR	6.56B EUR	7.78B EUR	7.17B EUR
Enterprise Value	5.15B EUR	6.13B EUR	7.43B EUR	6.41B EUR
Valuation Multiples
Trailing P/E	36.71x	45.81x	85.45x	105.33x
Forward P/E	16.32x	--	--	--
Price to Sales	4.21x	5.64x	7.63x	7.58x
Price to Book	2.34x	2.35x	2.81x	2.63x
EV/Revenue	3.31x	5.27x	7.29x	6.77x
EV/EBITDA	21.57x	27.26x	45.88x	60.1x
Price to FCF (P/FCF)	--	--	863.54x	756.97x
EV/FCF	--	--	825.1x	675.9x
FCF Yield	-1.89%	-0.26%	0.12%	0.13%