| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| ES | AKRBP | PTTG | OPC | DY6 | | TTFN.F | |
| ENXTPA:ES | OB:AKRBP | DB:PTTG | DB:OPC | DB:DY6 | | OTCPK:TTFN.F | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 5.3% | 30.0% | 7.5% | 5.0% | 17.8% | | 2.1% | |
| 3Y CAGR | 22.8% | 29.6% | 8.3% | 1.0% | 3.3% | | 1.9% | |
| Latest Twelve Months | -14.7% | -9.4% | 2.4% | -5.4% | 5.2% | | -10.7% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 1.8% | 58.2% | 39.5% | 9.5% | 22.3% | | 12.1% | |
| Prior Fiscal Year | 4.1% | 70.9% | 46.2% | 21.1% | 34.0% | | 13.7% | |
| Latest Fiscal Year | 3.7% | 68.4% | 42.0% | 19.7% | 27.0% | | 13.2% | |
| Latest Twelve Months | 3.6% | 68.4% | 42.0% | 19.7% | 27.0% | | 13.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.03x | 1.52x | 1.37x | 2.82x | 2.06x | | 0.67x | |
| EV / LTM EBIT | 0.7x | 2.2x | 3.3x | 14.3x | 7.6x | | 5.1x | |
| Price / LTM Sales | 0.09x | 1.18x | 1.48x | 1.68x | 1.54x | | 0.73x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.03x | 1.52x | 2.82x | | | | | |
| Historical EV / LTM Revenue | 0.57x | 0.70x | 0.98x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.74x | 0.77x | 0.81x | | | | | |
| (x) LTM Revenue | 195,610 | 195,610 | 195,610 | | | | | |
| (=) Implied Enterprise Value | 143,773 | 151,340 | 158,908 | | | | | |
| (-) Non-shareholder Claims * | 14,515 | 14,515 | 14,515 | | | | | |
| (=) Equity Value | 158,288 | 165,855 | 173,423 | | | | | |
| (/) Shares Outstanding | 2,248.1 | 2,248.1 | 2,248.1 | | | | | |
| Implied Value Range | 70.41 | 73.77 | 77.14 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 70.41 | 73.77 | 77.14 | | 63.87 | | | |
| Upside / (Downside) | 10.2% | 15.5% | 20.8% | | | | | |