| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| GNC | KRZ | 0JZS | 0R1R | 0R1X | | GL9 | |
| LSE:GNC | ISE:KRZ | LSE:0JZS | LSE:0R1R | LSE:0R1X | | ISE:GL9 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 4.6% | -0.9% | 4.7% | -1.3% | 3.3% | | -2.4% | |
| 3Y CAGR | 10.9% | -1.9% | 2.1% | 2.8% | 3.1% | | -7.0% | |
| Latest Twelve Months | 0.5% | -0.7% | 0.4% | -2.7% | -2.6% | | -29.2% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 3.9% | 10.8% | 16.5% | 12.4% | 17.9% | | 5.6% | |
| Prior Fiscal Year | 3.9% | 11.8% | 15.5% | 11.1% | 15.7% | | 7.2% | |
| Latest Fiscal Year | 5.4% | 12.9% | 16.0% | 16.3% | 19.0% | | 10.3% | |
| Latest Twelve Months | 6.1% | 12.9% | 15.8% | 15.8% | 18.6% | | 10.3% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.62x | 2.56x | 3.53x | 2.75x | 2.22x | | 1.07x | |
| EV / LTM EBIT | 10.1x | 19.8x | 22.3x | 17.4x | 11.9x | | 10.4x | |
| Price / LTM Sales | 0.52x | 2.28x | 2.90x | 2.27x | 1.51x | | 0.96x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.62x | 2.56x | 3.53x | | | | | |
| Historical EV / LTM Revenue | 0.73x | 0.92x | 1.07x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.01x | 1.06x | 1.11x | | | | | |
| (x) LTM Revenue | 3,840 | 3,840 | 3,840 | | | | | |
| (=) Implied Enterprise Value | 3,873 | 4,077 | 4,281 | | | | | |
| (-) Non-shareholder Claims * | (384) | (384) | (384) | | | | | |
| (=) Equity Value | 3,489 | 3,693 | 3,897 | | | | | |
| (/) Shares Outstanding | 253.7 | 253.7 | 253.7 | | | | | |
| Implied Value Range | 13.76 | 14.56 | 15.36 | | | | | |
| FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 12.12 | 12.82 | 13.53 | | 12.80 | | | |
| Upside / (Downside) | -5.3% | 0.2% | 5.7% | | | | | |