| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| EMBRAC B | SF | G5EN | UBI | TAPM | | MTGBS | |
| OM:EMBRACB | OM:SF | OM:G5EN | ENXTPA:UBI | OTCPK:TAPM | | BATS-CHIXE:MTGBS | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 50.2% | 27.2% | -1.7% | 4.5% | 9.1% | | 7.2% | |
| 3Y CAGR | 59.7% | 6.8% | -4.8% | 1.1% | -0.1% | | 15.2% | |
| Latest Twelve Months | 21.4% | -4.7% | -14.0% | 11.3% | 4.7% | | 19.3% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -4.6% | 15.4% | 11.1% | 4.4% | -3.4% | | 11.0% | |
| Prior Fiscal Year | 1.3% | 9.8% | 8.6% | -26.9% | 12.0% | | 15.0% | |
| Latest Fiscal Year | -24.8% | 5.6% | 9.5% | 14.0% | 5.8% | | 14.8% | |
| Latest Twelve Months | -30.5% | 5.6% | 9.5% | 2.5% | 3.4% | | 13.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.83x | 0.91x | 0.38x | 1.33x | 0.25x | | 2.26x | |
| EV / LTM EBIT | -2.7x | 16.1x | 4.0x | 54.1x | 7.4x | | 17.2x | |
| Price / LTM Sales | 0.72x | 0.39x | 0.67x | 0.69x | 0.23x | | 1.89x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.25x | 0.83x | 1.33x | | | | | |
| Historical EV / LTM Revenue | 1.16x | 1.26x | 3.62x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.84x | 1.93x | 2.03x | | | | | |
| (x) LTM Revenue | 7,125 | 7,125 | 7,125 | | | | | |
| (=) Implied Enterprise Value | 13,088 | 13,777 | 14,466 | | | | | |
| (-) Non-shareholder Claims * | (2,609) | (2,609) | (2,609) | | | | | |
| (=) Equity Value | 10,479 | 11,168 | 11,857 | | | | | |
| (/) Shares Outstanding | 153.8 | 153.8 | 153.8 | | | | | |
| Implied Value Range | 68.15 | 72.63 | 77.11 | | | | | |
| FX Rate: SEK/SEK | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 68.15 | 72.63 | 77.11 | | 110.60 | | | |
| Upside / (Downside) | -38.4% | -34.3% | -30.3% | | | | | |