688120.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	111.85B EUR	159.39B EUR	61.54B EUR	53.08B EUR
Enterprise Value	107.34B EUR	157.52B EUR	60.35B EUR	51.54B EUR
Valuation Multiples
Trailing P/E	124.51x	186.31x	75.82x	66.53x
Forward P/E	49.5x	--	--	--
Price to Sales	20.94x	38.9x	16.66x	15.59x
Price to Book	14.07x	20.15x	7.97x	7.12x
EV/Revenue	20.09x	38.44x	16.34x	15.14x
EV/EBITDA	87.49x	147.59x	64.3x	58.03x
Price to FCF (P/FCF)	--	454.14x	95.82x	89.35x
EV/FCF	--	448.8x	93.98x	86.75x
FCF Yield	-0.05%	0.22%	1.04%	1.12%