| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| NFLX | WBD | LGNB | DIS | CHTR | | ROKU | |
| NasdaqGS:NFLX | NasdaqGS:WBD | DB:LGNB | NYSE:DIS | NasdaqGS:CHTR | | BASE:ROKU | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 14.1% | 28.7% | 1.8% | 5.6% | 3.8% | | 29.5% | |
| 3Y CAGR | 9.5% | 47.8% | 7.1% | 10.7% | 2.1% | | 14.2% | |
| Latest Twelve Months | 15.0% | -5.5% | -2.8% | 5.4% | 0.9% | | 17.3% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 20.7% | 7.6% | 4.1% | 8.8% | 21.5% | | -5.3% | |
| Prior Fiscal Year | 20.6% | -1.4% | 0.7% | 10.5% | 22.5% | | -12.5% | |
| Latest Fiscal Year | 26.7% | 1.6% | 6.9% | 13.5% | 24.0% | | -4.6% | |
| Latest Twelve Months | 27.7% | 2.3% | 3.7% | 14.9% | 24.5% | | -4.0% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 12.42x | 1.47x | 1.71x | 2.51x | 2.85x | | 2.08x | |
| EV / LTM EBIT | 44.8x | 63.3x | 46.8x | 16.8x | 11.6x | | -51.6x | |
| Price / LTM Sales | 12.19x | 0.59x | 0.52x | 2.16x | 1.18x | | 2.48x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.47x | 2.51x | 12.42x | | | | | |
| Historical EV / LTM Revenue | 1.39x | 3.48x | 26.98x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 2.70x | 2.84x | 2.98x | | | | | |
| (x) LTM Revenue | 4,252 | 4,252 | 4,252 | | | | | |
| (=) Implied Enterprise Value | 11,460 | 12,063 | 12,666 | | | | | |
| (-) Non-shareholder Claims * | 1,749 | 1,749 | 1,749 | | | | | |
| (=) Equity Value | 13,209 | 13,812 | 14,415 | | | | | |
| (/) Shares Outstanding | 1,621.3 | 1,621.3 | 1,621.3 | | | | | |
| Implied Value Range | 8.15 | 8.52 | 8.89 | | | | | |
| FX Rate: USD/ARS | 0.0 | 0.0 | 0.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 9,218.65 | 9,639.59 | 10,060.54 | | 6,330.00 | | | |
| Upside / (Downside) | 45.6% | 52.3% | 58.9% | | | | | |