| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| MSKE | ZPRS | DORL | SOLR | SNFL | | PRIM | |
| TASE:MSKE | TASE:ZPRS | TASE:DORL | TASE:SOLR | TASE:SNFL | | TASE:PRIM | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 65.4% | 120.8% | 124.0% | 49.7% | 24.2% | | 88.5% | |
| 3Y CAGR | 32.5% | 10.7% | 35.4% | 88.7% | 47.4% | | 23.9% | |
| Latest Twelve Months | 34.9% | -14.8% | 197.5% | 138.8% | -13.8% | | 39.4% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -46.9% | 56.2% | -45.2% | -63.0% | 23.3% | | -138.6% | |
| Prior Fiscal Year | -41.0% | 56.8% | -93.5% | -19.4% | 15.9% | | -129.1% | |
| Latest Fiscal Year | -20.0% | 40.9% | -31.0% | -20.8% | 42.0% | | -61.9% | |
| Latest Twelve Months | -16.0% | 41.0% | -29.6% | -17.8% | 37.7% | | -64.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 19.43x | 8.28x | 11.52x | 12.28x | 4.57x | | 54.19x | |
| EV / LTM EBIT | -121.8x | 20.2x | -39.0x | -68.9x | 12.1x | | -84.4x | |
| Price / LTM Sales | 27.62x | 4.55x | 8.44x | 5.53x | 1.59x | | 35.14x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 4.57x | 11.52x | 19.43x | | | | | |
| Historical EV / LTM Revenue | 23.10x | 38.50x | 38.99x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 41.35x | 43.52x | 45.70x | | | | | |
| (x) LTM Revenue | 15 | 15 | 15 | | | | | |
| (=) Implied Enterprise Value | 601 | 633 | 664 | | | | | |
| (-) Non-shareholder Claims * | (275) | (275) | (275) | | | | | |
| (=) Equity Value | 326 | 358 | 389 | | | | | |
| (/) Shares Outstanding | 29.5 | 29.5 | 29.5 | | | | | |
| Implied Value Range | 11.04 | 12.12 | 13.19 | | | | | |
| FX Rate: ILS/ILS | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 11.04 | 12.12 | 13.19 | | 17.31 | | | |
| Upside / (Downside) | -36.2% | -30.0% | -23.8% | | | | | |