| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| NOW | PD | FRSH | ASAN | TEAM | | GTLB | |
| NYSE:NOW | NYSE:PD | NasdaqGS:FRSH | NYSE:ASAN | NasdaqGS:TEAM | | NasdaqGS:GTLB | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 26.0% | 23.0% | 33.1% | 38.4% | 29.2% | | 56.4% | |
| 3Y CAGR | 23.0% | 18.4% | 24.8% | 24.1% | 27.8% | | 44.3% | |
| Latest Twelve Months | 22.4% | 8.5% | 20.8% | 10.9% | 23.2% | | 30.9% | |
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| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 6.3% | -28.2% | -34.7% | -62.4% | -0.3% | | -57.4% | |
| Prior Fiscal Year | 8.9% | -20.4% | -28.5% | -40.6% | -7.0% | | -30.9% | |
| Latest Fiscal Year | 12.7% | -12.8% | -17.6% | -35.3% | -2.7% | | -17.8% | |
| Latest Twelve Months | 12.7% | -12.8% | -17.6% | -35.3% | -2.9% | | -17.8% | |
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| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 15.15x | 3.59x | 5.35x | 4.64x | 12.34x | | 9.94x | |
| EV / LTM EBIT | 119.2x | -28.0x | -30.4x | -13.2x | -426.8x | | -55.8x | |
| Price / LTM Sales | 15.85x | 3.78x | 6.78x | 4.92x | 12.59x | | 11.19x | |
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| Low | Mid | High | | | | | |
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| Benchmark EV / LTM Revenue | 3.59x | 5.35x | 15.15x | | | | | |
| Historical EV / LTM Revenue | 9.94x | 17.99x | 37.87x | | | | | |
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| Selected EV / LTM Revenue | 10.32x | 10.86x | 11.41x | | | | | |
| (x) LTM Revenue | 759 | 759 | 759 | | | | | |
| (=) Implied Enterprise Value | 7,836 | 8,249 | 8,661 | | | | | |
| (-) Non-shareholder Claims * | 947 | 947 | 947 | | | | | |
| (=) Equity Value | 8,783 | 9,195 | 9,608 | | | | | |
| (/) Shares Outstanding | 164.0 | 164.0 | 164.0 | | | | | |
| Implied Value Range | 53.56 | 56.07 | 58.58 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 53.56 | 56.07 | 58.58 | | 53.13 | | | |
| Upside / (Downside) | 0.8% | 5.5% | 10.3% | | | | | |