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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | -1.8x - -2.0x | -1.9x |
Selected Fwd P/E Multiple | 31.4x - 34.7x | 33.1x |
Fair Value | €3.81 - €4.21 | €4.01 |
Upside | 0.9% - 11.5% | 6.2% |
Benchmarks | - | Full Ticker |
CVD Equipment Corporation | - | NasdaqCM:CVV |
Entegris, Inc. | - | NasdaqGS:ENTG |
Enphase Energy, Inc. | - | NasdaqGM:ENPH |
Trio-Tech International | - | NYSEAM:TRT |
Navitas Semiconductor Corporation | - | NasdaqGM:NVTS |
Amtech Systems, Inc. | - | DB:AS3 |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
CVV | ENTG | ENPH | TRT | NVTS | AS3 | |||
NasdaqCM:CVV | NasdaqGS:ENTG | NasdaqGM:ENPH | NYSEAM:TRT | NasdaqGM:NVTS | DB:AS3 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | 2.8% | -8.6% | -7.5% | NM- | NM- | ||
3Y CAGR | NM- | -10.6% | -11.0% | NM- | NM- | NM- | ||
Latest Twelve Months | 98.8% | 60.4% | 34.8% | -98.1% | -12.0% | -47.4% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -10.1% | 10.7% | 14.4% | 2.1% | -158.9% | -5.3% | ||
Prior Fiscal Year | -17.3% | 5.1% | 19.2% | 3.6% | -183.0% | -11.1% | ||
Latest Fiscal Year | -7.1% | 9.0% | 7.7% | 2.5% | -101.6% | -8.4% | ||
Latest Twelve Months | -0.2% | 9.2% | 11.8% | 0.1% | -131.8% | -34.8% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | -29.8x | 16.2x | 14.5x | 3.4x | -13.3x | -17.2x | ||
Price / LTM Sales | 0.8x | 3.4x | 2.8x | 0.7x | 19.5x | 0.7x | ||
LTM P/E Ratio | -387.9x | 37.6x | 23.9x | 1368.1x | -14.8x | -2.0x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -387.9x | 23.9x | 1368.1x | |||||
Historical LTM P/E Ratio | -137.7x | -4.1x | 29.9x | |||||
Selected P/E Multiple | -1.8x | -1.9x | -2.0x | |||||
(x) LTM Net Income | (32) | (32) | (32) | |||||
(=) Equity Value | 57 | 60 | 63 | |||||
(/) Shares Outstanding | 14.3 | 14.3 | 14.3 | |||||
Implied Value Range | 3.99 | 4.20 | 4.41 | |||||
FX Rate: USD/EUR | 1.2 | 1.2 | 1.2 | Market Price | ||||
Implied Value Range (Trading Cur) | 3.45 | 3.63 | 3.81 | 3.78 | ||||
Upside / (Downside) | -8.7% | -3.9% | 0.9% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | CVV | ENTG | ENPH | TRT | NVTS | AS3 | |
Value of Common Equity | 26 | 11,118 | 4,172 | 25 | 1,443 | 63 | |
(/) Shares Outstanding | 6.9 | 151.6 | 130.8 | 4.3 | 213.1 | 14.3 | |
Implied Stock Price | 3.72 | 73.34 | 31.91 | 5.71 | 6.77 | 4.37 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.16 | |
Implied Stock Price (Trading Cur) | 3.72 | 73.34 | 31.91 | 5.71 | 6.77 | 3.78 | |
Trading Currency | USD | USD | USD | USD | USD | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.16 |