688615.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	16.37B EUR	22.17B EUR	23.77B EUR	31.86B EUR
Enterprise Value	13.1B EUR	21.56B EUR	22.78B EUR	30.9B EUR
Valuation Multiples
Trailing P/E	35.24x	63.38x	62.97x	94.14x
Forward P/E	23.48x	--	--	--
Price to Sales	8.2x	14.42x	16.3x	23.61x
Price to Book	5.51x	7.47x	7.69x	10.9x
EV/Revenue	6.56x	14.03x	15.62x	22.9x
EV/EBITDA	25.39x	64.53x	61.83x	93.77x
Price to FCF (P/FCF)	32.69x	51.37x	56.8x	88.26x
EV/FCF	26.16x	49.96x	54.43x	85.59x
FCF Yield	3.06%	1.95%	1.76%	1.13%