900934.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	1.56B EUR	1.54B EUR	1.56B EUR	1.43B EUR
Enterprise Value	12.69B EUR	12.68B EUR	12.84B EUR	13.54B EUR
Valuation Multiples
Trailing P/E	9.8x	2.13x	2.4x	2.61x
Forward P/E	8.17x	--	--	--
Price to Sales	0.11x	0.15x	0.15x	0.14x
Price to Book	0.67x	0.1x	0.1x	0.09x
EV/Revenue	0.9x	1.22x	1.25x	1.34x
EV/EBITDA	4.64x	5.44x	5.47x	6.74x
Price to FCF (P/FCF)	2.36x	1.5x	2.13x	2.48x
EV/FCF	19.14x	12.32x	17.5x	23.38x
FCF Yield	42.38%	66.8%	46.98%	40.4%