看來載入頁面時發生了錯誤.
我們的團隊已收到通知,但若此問題持續,請透過電郵支援widget工具聯絡我們。
Metrics | Range | Conclusion |
---|---|---|
Selected LTM EBITDA Multiple | 17.0x - 18.8x | 17.9x |
Selected Fwd EBITDA Multiple | 15.1x - 16.7x | 15.9x |
Fair Value | €63.13 - €69.43 | €66.28 |
Upside | -8.7% - 0.4% | -4.2% |
Benchmarks | Ticker | Full Ticker |
IDEX Corporation | IEX | NYSE:IEX |
ESCO Technologies Inc. | ESE | NYSE:ESE |
The Timken Company | TKR | NYSE:TKR |
Nordson Corporation | NDSN | NasdaqGS:NDSN |
Worthington Enterprises, Inc. | WOR | NYSE:WOR |
Graco Inc. | GA8 | DB:GA8 |
- | - | - |
Select LTM EBITDA Multiple | |||||||
Benchmark Companies | |||||||
IEX | ESE | TKR | NDSN | WOR | GA8 | ||
NYSE:IEX | NYSE:ESE | NYSE:TKR | NasdaqGS:NDSN | NYSE:WOR | DB:GA8 | ||
Historical EBITDA Growth | |||||||
5Y CAGR | 5.4% | 7.2% | 3.8% | 6.7% | -19.1% | 6.9% | |
3Y CAGR | 5.2% | 17.8% | 5.3% | 4.6% | -39.7% | 4.2% | |
Latest Twelve Months | -2.5% | 16.3% | -8.8% | -1.7% | -25.2% | -3.3% | |
Historical EBITDA Profit Margin | |||||||
5 Year Average Margin | 27.4% | 18.5% | 18.5% | 29.2% | 9.4% | 29.7% | |
Prior Fiscal Year | 27.6% | 18.8% | 19.2% | 30.2% | 10.5% | 30.8% | |
Latest Fiscal Year | 27.0% | 19.7% | 18.2% | 30.4% | 6.6% | 30.9% | |
Latest Twelve Months | 27.0% | 20.1% | 18.2% | 30.0% | 7.2% | 30.9% | |
Current Trading Multiples | |||||||
EV / LTM Revenue | 4.24x | 3.79x | 1.37x | 4.66x | 2.00x | 5.94x | |
EV / LTM EBITDA | 15.7x | 18.8x | 7.5x | 15.5x | 27.9x | 19.2x | |
EV / LTM EBIT | 19.6x | 25.6x | 10.2x | 18.8x | 66.7x | 22.1x | |
Low | Mid | High | |||||
Benchmark EV / LTM EBITDA | 7.5x | 15.7x | 27.9x | ||||
Historical EV / LTM EBITDA | 17.9x | 20.4x | 26.9x | ||||
Selected EV / LTM EBITDA | 17.0x | 17.9x | 18.8x | ||||
(x) LTM EBITDA | 654 | 654 | 654 | ||||
(=) Implied Enterprise Value | 11,101 | 11,685 | 12,269 | ||||
(-) Non-shareholder Claims * | 637 | 637 | 637 | ||||
(=) Equity Value | 11,737 | 12,322 | 12,906 | ||||
(/) Shares Outstanding | 168.1 | 168.1 | 168.1 | ||||
Implied Value Range | 69.81 | 73.28 | 76.76 | ||||
FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | Market Price | |||
Implied Value Range (Trading Cur) | 61.38 | 64.43 | 67.49 | 69.18 | |||
Upside / (Downside) | -11.3% | -6.9% | -2.4% |
Equity Waterfall | |||||||
Benchmark Companies | |||||||
(in millions) | IEX | ESE | TKR | NDSN | WOR | GA8 | |
Enterprise Value | 13,852 | 4,000 | 6,256 | 12,455 | 2,328 | 12,593 | |
(+) Cash & Short Term Investments | 621 | 71 | 389 | 130 | 223 | 675 | |
(+) Investments & Other | 0 | 0 | 1 | 0 | 132 | 10 | |
(-) Debt | (2,088) | (171) | (2,179) | (2,295) | (316) | (49) | |
(-) Other Liabilities | 1 | 0 | (158) | 0 | (1) | 0 | |
(-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
(-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
Value of Common Equity | 12,385 | 3,901 | 4,310 | 10,290 | 2,366 | 13,230 | |
(/) Shares Outstanding | 75.5 | 25.8 | 70.2 | 56.9 | 49.9 | 168.1 | |
Implied Stock Price | 163.95 | 151.16 | 61.42 | 180.81 | 47.39 | 78.69 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.14 | |
Implied Stock Price (Trading Cur) | 163.95 | 151.16 | 61.42 | 180.81 | 47.39 | 69.18 | |
Trading Currency | USD | USD | USD | USD | USD | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.14 |