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 EBIT Multiple | 12.3x - 13.6x | 13.0x |
Selected Fwd EBIT Multiple | 6.0x - 6.6x | 6.3x |
Fair Value | €14.72 - €16.46 | €15.59 |
Upside | -20.9% - -11.5% | -16.2% |
Benchmarks | Ticker | Full Ticker |
Cambium Networks Corporation | CMBM | NasdaqGM:CMBM |
Ceragon Networks Ltd. | CRNT | NasdaqGS:CRNT |
Viasat, Inc. | VSAT | NasdaqGS:VSAT |
Nokia Oyj | NOKB.F | OTCPK:NOKB.F |
KVH Industries, Inc. | KVHI | NasdaqGS:KVHI |
Aviat Networks, Inc. | HSD1 | DB:HSD1 |
- | - | - |
Select LTM EBIT Multiple | |||||||
Benchmark Companies | |||||||
CMBM | CRNT | VSAT | NOKB.F | KVHI | HSD1 | ||
NasdaqGM:CMBM | NasdaqGS:CRNT | NasdaqGS:VSAT | OTCPK:NOKB.F | NasdaqGS:KVHI | DB:HSD1 | ||
Historical EBIT Growth | |||||||
5Y CAGR | NM- | 44.2% | 13.4% | 15.2% | NM- | 71.8% | |
3Y CAGR | NM- | 111.3% | NM- | 6.6% | NM- | 8.7% | |
Latest Twelve Months | -745.5% | 6.3% | -39.5% | -19.9% | 66.3% | -10.9% | |
Historical EBIT Profit Margin | |||||||
5 Year Average Margin | -4.0% | 3.3% | -0.8% | 9.5% | -8.0% | 7.1% | |
Prior Fiscal Year | 6.7% | 6.6% | 0.5% | 9.4% | -8.6% | 8.0% | |
Latest Fiscal Year | -27.6% | 10.9% | 1.6% | 11.3% | -6.1% | 7.7% | |
Latest Twelve Months | -48.1% | 8.1% | 1.3% | 8.1% | -4.9% | 4.3% | |
Current Trading Multiples | |||||||
EV / LTM Revenue | 0.30x | 0.48x | 2.06x | 0.84x | 0.46x | 0.69x | |
EV / LTM EBITDA | -0.7x | 4.1x | 6.9x | 6.8x | 7.6x | 11.7x | |
EV / LTM EBIT | -0.6x | 5.8x | 160.0x | 10.4x | -9.4x | 16.3x | |
Low | Mid | High | |||||
Benchmark EV / LTM EBIT | -9.4x | 5.8x | 160.0x | ||||
Historical EV / LTM EBIT | 8.9x | 12.8x | 16.9x | ||||
Selected EV / LTM EBIT | 12.3x | 13.0x | 13.6x | ||||
(x) LTM EBIT | 19 | 19 | 19 | ||||
(=) Implied Enterprise Value | 229 | 241 | 253 | ||||
(-) Non-shareholder Claims * | (28) | (28) | (28) | ||||
(=) Equity Value | 201 | 213 | 225 | ||||
(/) Shares Outstanding | 12.7 | 12.7 | 12.7 | ||||
Implied Value Range | 15.84 | 16.79 | 17.74 | ||||
FX Rate: USD/EUR | 1.2 | 1.2 | 1.2 | Market Price | |||
Implied Value Range (Trading Cur) | 13.56 | 14.37 | 15.19 | 18.60 | |||
Upside / (Downside) | -27.1% | -22.7% | -18.3% |
Equity Waterfall | |||||||
Benchmark Companies | |||||||
(in millions) | CMBM | CRNT | VSAT | NOKB.F | KVHI | HSD1 | |
Enterprise Value | 54 | 181 | 9,378 | 15,827 | 47 | 304 | |
(+) Cash & Short Term Investments | 46 | 29 | 1,177 | 5,552 | 56 | 49 | |
(+) Investments & Other | 0 | 0 | 0 | 1,646 | 0 | 0 | |
(-) Debt | (77) | (38) | (7,086) | (4,100) | (1) | (77) | |
(-) Other Liabilities | 0 | 0 | (40) | (92) | 0 | 0 | |
(-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
(-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
Value of Common Equity | 23 | 173 | 3,430 | 18,833 | 102 | 276 | |
(/) Shares Outstanding | 28.2 | 88.9 | 134.3 | 5,419.1 | 19.6 | 12.7 | |
Implied Stock Price | 0.83 | 1.94 | 25.55 | 3.48 | 5.22 | 21.73 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 0.86 | 1.00 | 1.17 | |
Implied Stock Price (Trading Cur) | 0.83 | 1.94 | 25.55 | 4.06 | 5.22 | 18.60 | |
Trading Currency | USD | USD | USD | USD | USD | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 0.86 | 1.00 | 1.17 |