7203.T 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	34.47T EUR	32.26T EUR	43.15T EUR	43.74T EUR
Enterprise Value	65.99T EUR	65.87T EUR	73.7T EUR	77.95T EUR
Valuation Multiples
Trailing P/E	8.28x	7.2x	11.21x	14.43x
Forward P/E	8.98x	--	--	--
Price to Sales	0.66x	0.62x	0.85x	1.15x
Price to Book	0.92x	0.86x	1.08x	1.12x
EV/Revenue	1.27x	1.27x	1.45x	2.05x
EV/EBITDA	11.78x	8.41x	10.41x	13.62x
Price to FCF (P/FCF)	--	--	240.31x	--
EV/FCF	--	--	410.42x	--
FCF Yield	-10.45%	-3.79%	0.42%	-0.14%