688169.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	28.07B EUR	24.62B EUR	31.09B EUR	39.4B EUR
Enterprise Value	18.6B EUR	23.34B EUR	30.3B EUR	38.16B EUR
Valuation Multiples
Trailing P/E	16.66x	18.77x	29.36x	39.28x
Forward P/E	10.94x	--	--	--
Price to Sales	1.34x	1.47x	2.03x	2.71x
Price to Book	1.91x	1.7x	2.17x	2.81x
EV/Revenue	0.89x	1.4x	1.98x	2.63x
EV/EBITDA	9.44x	15.27x	24.96x	32.59x
Price to FCF (P/FCF)	18.4x	12.31x	89.43x	61.16x
EV/FCF	12.19x	11.66x	87.16x	59.23x
FCF Yield	5.44%	8.13%	1.12%	1.63%