| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| FML | AWTX | ELCM | REDCO | MSOT | | SSML | |
| KASE:FML | KASE:AWTX | KASE:ELCM | KASE:REDCO | KASE:MSOT | | KASE:SSML | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 19.0% | 24.0% | 13.8% | 42.4% | 11.4% | | -8.7% | |
| 3Y CAGR | 17.9% | 19.9% | 23.6% | 43.7% | 16.5% | | -15.3% | |
| Latest Twelve Months | -5.1% | -24.1% | 8.9% | 42.9% | -1.2% | | -96.8% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 9.3% | 3.9% | 1.3% | 4.2% | 2.8% | | -5.6% | |
| Prior Fiscal Year | 12.4% | 0.8% | 1.2% | -0.2% | 4.7% | | -7.2% | |
| Latest Fiscal Year | 7.9% | 2.4% | -1.6% | 2.2% | 8.8% | | -9.0% | |
| Latest Twelve Months | 5.0% | -2.3% | 1.2% | 8.2% | 3.6% | | -63.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 1.03x | 0.44x | 0.29x | 1.91x | 0.52x | | 12.09x | |
| EV / LTM EBIT | 20.8x | -18.9x | 24.6x | 23.3x | 14.3x | | -18.9x | |
| Price / LTM Sales | 0.50x | 0.26x | 0.19x | 0.69x | 0.08x | | 4.69x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.29x | 0.52x | 1.91x | | | | | |
| Historical EV / LTM Revenue | 0.15x | 0.26x | 0.44x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 10.75x | 11.31x | 11.88x | | | | | |
| (x) LTM Revenue | 96 | 96 | 96 | | | | | |
| (=) Implied Enterprise Value | 1,032 | 1,086 | 1,141 | | | | | |
| (-) Non-shareholder Claims * | (711) | (711) | (711) | | | | | |
| (=) Equity Value | 321 | 375 | 429 | | | | | |
| (/) Shares Outstanding | 29.8 | 29.8 | 29.8 | | | | | |
| Implied Value Range | 10.75 | 12.57 | 14.39 | | | | | |
| FX Rate: PKR/PKR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 10.75 | 12.57 | 14.39 | | 15.01 | | | |
| Upside / (Downside) | -28.4% | -16.3% | -4.1% | | | | | |