| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| O4B | DB1 | ADE | ICP | YODA | | MLP | |
| XTRA:O4B | XTRA:DB1 | XTRA:ADE | DB:ICP | CSE:YODA | | DB:MLP | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 8.9% | 11.9% | -7.3% | NM- | NM- | | 8.6% | |
| 3Y CAGR | 9.4% | 10.0% | -19.8% | 223.1% | 35.1% | | 4.7% | |
| Latest Twelve Months | 18.5% | 15.2% | -24.3% | 732.1% | 124.5% | | 9.7% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 5.3% | 43.3% | 32.0% | -1404.9% | 13.8% | | 9.2% | |
| Prior Fiscal Year | 4.3% | 51.0% | -45.2% | -8794.1% | 16.9% | | 9.4% | |
| Latest Fiscal Year | 4.8% | 49.6% | 2.2% | 9.4% | 3.3% | | 11.9% | |
| Latest Twelve Months | 4.8% | 49.6% | 25.2% | 13.5% | 61.7% | | 11.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.49x | 9.21x | 23.47x | 6.66x | 76.48x | | -0.26x | |
| EV / LTM EBIT | 10.9x | 18.6x | 93.1x | 49.3x | 124.0x | | -2.2x | |
| Price / LTM Sales | 0.78x | 8.27x | 24.97x | 6.56x | 100.10x | | 0.73x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.49x | 9.21x | 76.48x | | | | | |
| Historical EV / LTM Revenue | -0.45x | -0.38x | -0.07x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | -0.20x | -0.21x | -0.22x | | | | | |
| (x) LTM Revenue | 1,054 | 1,054 | 1,054 | | | | | |
| (=) Implied Enterprise Value | (210) | (221) | (232) | | | | | |
| (-) Non-shareholder Claims * | 1,220 | 1,220 | 1,220 | | | | | |
| (=) Equity Value | 1,010 | 999 | 987 | | | | | |
| (/) Shares Outstanding | 109.0 | 109.0 | 109.0 | | | | | |
| Implied Value Range | 9.26 | 9.16 | 9.06 | | | | | |
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 9.26 | 9.16 | 9.06 | | 7.02 | | | |
| Upside / (Downside) | 31.9% | 30.4% | 29.0% | | | | | |