| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| ALTHX | MEDCL | SAN | ALDVI | EAPI | | A8D | |
| ENXTPA:ALTHX | ENXTPA:MEDCL | ENXTPA:SAN | ENXTPA:ALDVI | ENXTPA:EAPI | | DB:A8D | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 32.3% | 35.8% | 3.3% | 15.3% | 0.1% | | -7.4% | |
| 3Y CAGR | 1459.5% | 49.3% | 4.2% | 12.3% | 1.0% | | -12.6% | |
| Latest Twelve Months | -61.3% | 132.1% | -5.2% | -5.4% | -9.1% | | -5.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -87202.7% | -206.5% | 21.5% | -261.5% | 0.5% | | -1075.4% | |
| Prior Fiscal Year | -2579.4% | -175.3% | 19.8% | -122.3% | 0.1% | | -1384.4% | |
| Latest Fiscal Year | -115.0% | -38.8% | 20.0% | -172.0% | -1.4% | | -567.4% | |
| Latest Twelve Months | -405.4% | -38.8% | 20.9% | -148.2% | -2.0% | | -509.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 28.19x | 33.35x | 2.56x | 7.36x | 0.35x | | 98.20x | |
| EV / LTM EBIT | -7.0x | -85.9x | 12.3x | -5.0x | -18.0x | | -19.3x | |
| Price / LTM Sales | 27.32x | 33.52x | 2.27x | 4.28x | 0.33x | | 84.53x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.35x | 7.36x | 33.35x | | | | | |
| Historical EV / LTM Revenue | 62.57x | 290.68x | 571.29x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 85.74x | 90.26x | 94.77x | | | | | |
| (x) LTM Revenue | 1 | 1 | 1 | | | | | |
| (=) Implied Enterprise Value | 88 | 93 | 97 | | | | | |
| (-) Non-shareholder Claims * | (14) | (14) | (14) | | | | | |
| (=) Equity Value | 74 | 79 | 83 | | | | | |
| (/) Shares Outstanding | 72.9 | 72.9 | 72.9 | | | | | |
| Implied Value Range | 1.01 | 1.08 | 1.14 | | | | | |
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 1.01 | 1.08 | 1.14 | | 1.18 | | | |
| Upside / (Downside) | -14.2% | -8.8% | -3.4% | | | | | |