| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| AGRO | LCH | CBH | HTG | CDZ0 | | LUI | |
| CSE:AGRO | CSE:LCH | CSE:CBH | DB:HTG | DB:CDZ0 | | CSE:LUI | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 5.4% | 4.4% | 9.5% | 25.0% | 413.1% | | -9.9% | |
| 3Y CAGR | 15.3% | 46.4% | 45.8% | 30.8% | NM- | | 41.8% | |
| Latest Twelve Months | -7.7% | 24.2% | 8.7% | 19.1% | NM | | 12.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 18.7% | 0.0% | -23.1% | -51.2% | -328.5% | | -16.2% | |
| Prior Fiscal Year | 22.8% | 11.2% | 19.8% | -16.4% | -9.5% | | 13.9% | |
| Latest Fiscal Year | 19.3% | 15.9% | 21.8% | -10.1% | -5.0% | | 19.2% | |
| Latest Twelve Months | 19.3% | 15.9% | 21.8% | -16.2% | -5.4% | | 19.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 3.36x | 1.79x | 1.48x | 0.74x | 0.59x | | 2.66x | |
| EV / LTM EBIT | 17.5x | 11.3x | 6.8x | -4.5x | -10.9x | | 13.9x | |
| Price / LTM Sales | 2.63x | 0.40x | 0.40x | 1.28x | 0.44x | | 0.28x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.59x | 1.48x | 3.36x | | | | | |
| Historical EV / LTM Revenue | 2.66x | 3.25x | 3.86x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 2.59x | 2.72x | 2.86x | | | | | |
| (x) LTM Revenue | 128 | 128 | 128 | | | | | |
| (=) Implied Enterprise Value | 331 | 349 | 366 | | | | | |
| (-) Non-shareholder Claims * | (304) | (304) | (304) | | | | | |
| (=) Equity Value | 27 | 44 | 62 | | | | | |
| (/) Shares Outstanding | 460.5 | 460.5 | 460.5 | | | | | |
| Implied Value Range | 0.06 | 0.10 | 0.13 | | | | | |
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.06 | 0.10 | 0.13 | | 0.08 | | | |
| Upside / (Downside) | -25.3% | 22.9% | 71.2% | | | | | |