605111.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	20.68B EUR	41.18B EUR	15.16B EUR	14.84B EUR
Enterprise Value	17.75B EUR	39.12B EUR	13.54B EUR	13.17B EUR
Valuation Multiples
Trailing P/E	52.98x	140.78x	54.04x	50.44x
Forward P/E	26.24x	--	--	--
Price to Sales	9.78x	24.82x	10.18x	10.44x
Price to Book	4.6x	9.15x	3.49x	3.43x
EV/Revenue	8.39x	23.58x	9.09x	9.26x
EV/EBITDA	41.77x	112.93x	42.07x	37.28x
Price to FCF (P/FCF)	73.98x	126.28x	55.51x	58.1x
EV/FCF	63.47x	119.97x	49.59x	51.54x
FCF Yield	1.35%	0.79%	1.8%	1.72%