688475.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	21.76B EUR	21.54B EUR	20.74B EUR	23.71B EUR
Enterprise Value	17.71B EUR	17.48B EUR	16.46B EUR	19.23B EUR
Valuation Multiples
Trailing P/E	32.51x	38.89x	42.22x	53.08x
Forward P/E	20.02x	--	--	--
Price to Sales	3.58x	4.67x	4.64x	5.35x
Price to Book	3.7x	3.66x	3.47x	4.1x
EV/Revenue	2.91x	3.79x	3.68x	4.34x
EV/EBITDA	20.8x	28.48x	29.61x	36.98x
Price to FCF (P/FCF)	130.86x	47.13x	29.29x	34.72x
EV/FCF	106.53x	38.26x	23.24x	28.16x
FCF Yield	0.76%	2.12%	3.41%	2.88%