| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| ELJA | UZIN | CORO | COMI | NAPO | | EEAI | |
| BVB:ELJA | BVB:UZIN | BVB:CORO | BVB:COMI | BVB:NAPO | | BVB:EEAI | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 3.5% | -4.0% | 20.5% | -50.6% | 2.3% | | 31.7% | |
| 3Y CAGR | 9.6% | 8.9% | 32.0% | -53.0% | 10.2% | | 61.4% | |
| Latest Twelve Months | 8.0% | -55.6% | 152.7% | -41.8% | -17.5% | | -10.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 1.3% | -201.2% | 9.6% | 310.6% | -2.7% | | -7.3% | |
| Prior Fiscal Year | -11.7% | -30.6% | 0.3% | -526.6% | 1.5% | | 3.7% | |
| Latest Fiscal Year | 11.1% | -206.5% | 0.5% | 3117.1% | 1.5% | | 3.7% | |
| Latest Twelve Months | 11.1% | -282.3% | 0.5% | 4622.5% | 2.1% | | 3.7% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.24x | 13.34x | 0.36x | -18.51x | 0.26x | | 0.18x | |
| EV / LTM EBIT | 2.1x | -4.7x | 71.1x | -0.4x | 12.4x | | 4.9x | |
| Price / LTM Sales | 0.35x | 14.04x | 0.43x | 38.60x | 0.32x | | 0.32x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | -18.51x | 0.26x | 13.34x | | | | | |
| Historical EV / LTM Revenue | 0.18x | 1.02x | 1.26x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.28x | 0.29x | 0.31x | | | | | |
| (x) LTM Revenue | 9 | 9 | 9 | | | | | |
| (=) Implied Enterprise Value | 3 | 3 | 3 | | | | | |
| (-) Non-shareholder Claims * | 1 | 1 | 1 | | | | | |
| (=) Equity Value | 4 | 4 | 4 | | | | | |
| (/) Shares Outstanding | 3.4 | 3.4 | 3.4 | | | | | |
| Implied Value Range | 1.17 | 1.21 | 1.25 | | | | | |
| FX Rate: RON/RON | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 1.17 | 1.21 | 1.25 | | 0.90 | | | |
| Upside / (Downside) | 29.9% | 34.3% | 38.8% | | | | | |