| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| 485 | KLBN3 | MYM | SCA A | 4W8 | | BLRD.Y | |
| DB:485 | BOVESPA:KLBN3 | DB:MYM | OM:SCAA | DB:4W8 | | OTCPK:BLRD.Y | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 7.6% | 13.8% | 9.9% | 1.0% | 7.4% | | 12.1% | |
| 3Y CAGR | 2.0% | 6.0% | 9.9% | 3.1% | 7.2% | | 18.2% | |
| Latest Twelve Months | -3.5% | 9.0% | -2.0% | 10.2% | -6.6% | | 5.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 10.1% | 19.8% | 7.9% | 17.2% | 10.2% | | 5.7% | |
| Prior Fiscal Year | 9.4% | 16.6% | 4.0% | 12.8% | 13.7% | | 1.6% | |
| Latest Fiscal Year | 9.3% | 17.3% | 4.7% | 14.8% | 13.0% | | 5.6% | |
| Latest Twelve Months | 10.0% | 17.3% | 4.7% | 14.8% | 13.0% | | 5.6% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 1.54x | 3.03x | 0.74x | 4.69x | 1.48x | | 0.74x | |
| EV / LTM EBIT | 15.5x | 17.5x | 15.9x | 31.7x | 11.4x | | 13.2x | |
| Price / LTM Sales | 1.02x | 1.20x | 0.40x | 4.16x | 0.88x | | 0.62x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.74x | 1.54x | 4.69x | | | | | |
| Historical EV / LTM Revenue | 0.73x | 0.95x | 1.54x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.94x | 0.99x | 1.04x | | | | | |
| (x) LTM Revenue | 43,453 | 43,453 | 43,453 | | | | | |
| (=) Implied Enterprise Value | 41,051 | 43,212 | 45,372 | | | | | |
| (-) Non-shareholder Claims * | (5,405) | (5,405) | (5,405) | | | | | |
| (=) Equity Value | 35,646 | 37,807 | 39,967 | | | | | |
| (/) Shares Outstanding | 137.8 | 137.8 | 137.8 | | | | | |
| Implied Value Range | 258.61 | 274.28 | 289.96 | | | | | |
| FX Rate: SEK/USD | 10.0 | 10.0 | 10.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 25.86 | 27.43 | 29.00 | | 20.70 | | | |
| Upside / (Downside) | 24.9% | 32.5% | 40.1% | | | | | |