603938.SS Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026
Market & Enterprise Value
Market Cap	15.46B EUR	27.42B EUR	9.22B EUR
Enterprise Value	14.88B EUR	27.29B EUR	9.1B EUR
Valuation Multiples
Trailing P/E	96.19x	186.83x	98.65x
Forward P/E	80.8x	--	--
Price to Sales	6.44x	11.54x	4.18x
Price to Book	5.89x	10.49x	3.63x
EV/Revenue	6.2x	11.49x	4.13x
EV/EBITDA	43.42x	148.63x	71.8x
Price to FCF (P/FCF)	467.39x	879.93x	537.81x
EV/FCF	450x	875.78x	530.68x
FCF Yield	0.21%	0.11%	0.19%