Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| UI | VIAV | NTCT | CALX | AUDC | | CSCO | |
| NYSE:UI | NasdaqGS:VIAV | NasdaqGS:NTCT | NYSE:CALX | NasdaqGS:AUDC | | NasdaqGS:CSCO | |
Historical Revenue Growth | | | | | | | | |
5Y CAGR | 10.7% | -2.4% | -1.6% | 14.4% | 3.9% | | 0.7% | |
3Y CAGR | 0.5% | -5.9% | -1.3% | 7.0% | -0.9% | | 2.6% | |
Latest Twelve Months | 21.4% | 3.3% | -0.8% | -8.8% | -1.1% | | 0.5% | |
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Historical EBIT Profit Margin | | | | | | | | |
5 Year Average Margin | 31.1% | 8.6% | 6.6% | 4.4% | 11.7% | | 26.5% | |
Prior Fiscal Year | 28.1% | 7.6% | 7.1% | 2.5% | 5.9% | | 27.3% | |
Latest Fiscal Year | 25.9% | 2.5% | 9.7% | -5.2% | 7.1% | | 24.3% | |
Latest Twelve Months | 30.7% | 4.4% | 9.7% | -4.1% | 7.2% | | 21.6% | |
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Current Trading Multiples | | | | | | | | |
EV / LTM Revenue | 11.73x | 2.45x | 1.38x | 3.82x | 0.92x | | 5.15x | |
EV / LTM EBIT | 38.2x | 56.2x | 14.3x | -93.9x | 12.7x | | 23.8x | |
Price / LTM Sales | 11.63x | 2.17x | 1.93x | 4.15x | 1.27x | | 4.89x | |
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| Low | Mid | High | | | | | |
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Benchmark EV / LTM Revenue | 0.92x | 2.45x | 11.73x | | | | | |
Historical EV / LTM Revenue | 3.46x | 3.70x | 4.55x | | | | | |
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Selected EV / LTM Revenue | 3.72x | 3.91x | 4.11x | | | | | |
(x) LTM Revenue | 55,623 | 55,623 | 55,623 | | | | | |
(=) Implied Enterprise Value | 206,721 | 217,601 | 228,481 | | | | | |
(-) Non-shareholder Claims * | (12,353) | (12,353) | (12,353) | | | | | |
(=) Equity Value | 194,368 | 205,248 | 216,128 | | | | | |
(/) Shares Outstanding | 3,960.0 | 3,960.0 | 3,960.0 | | | | | |
Implied Value Range | 49.08 | 51.83 | 54.58 | | | | | |
FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
Implied Value Range (Trading Cur) | 49.08 | 51.83 | 54.58 | | 68.69 | | | |
Upside / (Downside) | -28.5% | -24.5% | -20.5% | | | | | |