| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| SIGN | HUH1V | PKA | OORD | SDA | | MYM | |
| SWX:SIGN | HLSE:HUH1V | DB:PKA | DB:OORD | DB:SDA | | DB:MYM | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 13.3% | 4.0% | 3.8% | 6.7% | 2.4% | | 9.9% | |
| 3Y CAGR | 17.3% | 4.9% | 2.7% | 9.9% | -0.9% | | 9.9% | |
| Latest Twelve Months | 3.0% | -0.4% | 9.0% | 92.4% | -2.5% | | 0.7% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 11.1% | 8.3% | 15.1% | 7.4% | 16.0% | | 7.6% | |
| Prior Fiscal Year | 12.5% | 8.1% | 14.4% | 7.5% | 15.0% | | 4.0% | |
| Latest Fiscal Year | 11.3% | 8.5% | 13.8% | 8.6% | 14.9% | | 4.3% | |
| Latest Twelve Months | 11.3% | 7.5% | 15.0% | 6.7% | 15.0% | | 4.7% | |
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| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 2.47x | 1.15x | 2.35x | 0.56x | 1.63x | | 0.70x | |
| EV / LTM EBIT | 21.9x | 15.3x | 15.6x | 8.3x | 10.9x | | 14.9x | |
| Price / LTM Sales | 1.82x | 0.81x | 2.13x | 0.50x | 0.85x | | 0.36x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.56x | 1.63x | 2.47x | | | | | |
| Historical EV / LTM Revenue | 0.74x | 1.04x | 1.68x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.78x | 0.83x | 0.87x | | | | | |
| (x) LTM Revenue | 4,097 | 4,097 | 4,097 | | | | | |
| (=) Implied Enterprise Value | 3,214 | 3,384 | 3,553 | | | | | |
| (-) Non-shareholder Claims * | (1,376) | (1,376) | (1,376) | | | | | |
| (=) Equity Value | 1,838 | 2,008 | 2,177 | | | | | |
| (/) Shares Outstanding | 19.6 | 19.6 | 19.6 | | | | | |
| Implied Value Range | 93.56 | 102.17 | 110.78 | | | | | |
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 93.56 | 102.17 | 110.78 | | 75.80 | | | |
| Upside / (Downside) | 23.4% | 34.8% | 46.2% | | | | | |