| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| AURA | AFRE | HRON | ROTS | SRFT | | CRSR | |
| TASE:AURA | TASE:AFRE | TASE:HRON | TASE:ROTS | TASE:SRFT | | TASE:CRSR | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 24.4% | -5.6% | 0.4% | 14.8% | 12.7% | | NM- | |
| 3Y CAGR | 19.4% | 6.3% | -1.2% | 31.7% | 21.0% | | 7.8% | |
| Latest Twelve Months | 46.4% | -10.4% | -1.9% | -15.8% | 3.5% | | 2.0% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 11.4% | 14.6% | 44.4% | 14.6% | 26.4% | | 12.6% | |
| Prior Fiscal Year | 13.5% | 17.0% | 40.8% | 23.6% | 36.0% | | 13.3% | |
| Latest Fiscal Year | 18.0% | 17.4% | 52.1% | 16.4% | 22.0% | | 14.9% | |
| Latest Twelve Months | 18.0% | 17.4% | 56.3% | 19.8% | 22.2% | | 15.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 4.51x | 3.84x | 8.57x | 3.54x | 2.61x | | 7.32x | |
| EV / LTM EBIT | 25.1x | 22.1x | 15.2x | 17.8x | 11.8x | | 46.2x | |
| Price / LTM Sales | 3.10x | 2.97x | 8.21x | 1.65x | 1.61x | | 3.44x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 2.61x | 3.84x | 8.57x | | | | | |
| Historical EV / LTM Revenue | 3.72x | 4.99x | 6.26x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 5.69x | 5.99x | 6.29x | | | | | |
| (x) LTM Revenue | 467 | 467 | 467 | | | | | |
| (=) Implied Enterprise Value | 2,657 | 2,797 | 2,937 | | | | | |
| (-) Non-shareholder Claims * | (1,811) | (1,811) | (1,811) | | | | | |
| (=) Equity Value | 846 | 986 | 1,126 | | | | | |
| (/) Shares Outstanding | 54.2 | 54.2 | 54.2 | | | | | |
| Implied Value Range | 15.62 | 18.20 | 20.78 | | | | | |
| FX Rate: ILS/ILS | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 15.62 | 18.20 | 20.78 | | 30.27 | | | |
| Upside / (Downside) | -48.4% | -39.9% | -31.3% | | | | | |