| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| CCK | SLGN | BALL | SON | ATR | | BP0 | |
| NYSE:CCK | NYSE:SLGN | NYSE:BALL | NYSE:SON | NYSE:ATR | | DB:BP0 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 4.3% | 5.5% | 0.6% | -0.3% | 4.6% | | 6.7% | |
| 3Y CAGR | 1.2% | 1.0% | -5.1% | -1.7% | 3.5% | | -4.0% | |
| Latest Twelve Months | -1.7% | -2.2% | -2.2% | -2.5% | 2.7% | | 3.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 8.4% | 10.5% | 9.9% | 8.0% | 12.4% | | 9.6% | |
| Prior Fiscal Year | 11.0% | 10.1% | 9.7% | 10.3% | 12.9% | | 9.3% | |
| Latest Fiscal Year | 12.3% | 10.3% | 10.0% | 9.8% | 14.3% | | 9.2% | |
| Latest Twelve Months | 12.3% | 10.3% | 10.0% | 9.8% | 14.3% | | 9.2% | |
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| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 1.33x | 1.48x | 1.58x | 2.12x | 2.78x | | 1.24x | |
| EV / LTM EBIT | 10.8x | 14.3x | 15.8x | 21.6x | 19.5x | | 13.5x | |
| Price / LTM Sales | 0.82x | 0.87x | 1.16x | 0.81x | 2.58x | | 0.62x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.33x | 1.58x | 2.78x | | | | | |
| Historical EV / LTM Revenue | 1.05x | 1.39x | 1.47x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.12x | 1.18x | 1.24x | | | | | |
| (x) LTM Revenue | 12,310 | 12,310 | 12,310 | | | | | |
| (=) Implied Enterprise Value | 13,845 | 14,573 | 15,302 | | | | | |
| (-) Non-shareholder Claims * | (7,619) | (7,619) | (7,619) | | | | | |
| (=) Equity Value | 6,226 | 6,954 | 7,683 | | | | | |
| (/) Shares Outstanding | 115.8 | 115.8 | 115.8 | | | | | |
| Implied Value Range | 53.76 | 60.06 | 66.35 | | | | | |
| FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 49.06 | 54.81 | 60.55 | | 59.50 | | | |
| Upside / (Downside) | -17.5% | -7.9% | 1.8% | | | | | |