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SCE
-12.0%
H7B
-11.3%
IPF
-10.4%
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Jenoptik AG
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德國 / 資訊科技 / 電子設備、儀器及組件
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股息
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模型
財務狀況
比較
穩健度
圖表
10 年 DCF EBITDA 退出價
股價
17.10
EUR
公允價值
31.88
EUR
Metrics
Range
Conclusion
Discount Rate
11.5% - 10.5%
11.0%
Terminal EBITDA Multiple
7.0x - 9.0x
8.0x
Fair Value
€28.05 - €36
€31.88
Upside
47.1% - 88.8%
67.2%
4.5%
Revenue 10y CAGR
22.6%
10y Avg EBITDA Margin
13.2%
Unlevered FCF 10y CAGR
10-Year DCF Model: EBITDA Exit
分享
儲存
股價
17.10
EUR
公允價值
31.88
EUR
看漲
67.2%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(EUR in millions)
Input Projections
Fiscal Years Ending
Dec-24
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Dec-30
Dec-31
Dec-32
Dec-33
Dec-34
Revenue
1,116
1,128
1,200
1,272
1,339
1,411
1,482
1,556
1,634
1,707
1,741
% Growth
4.7%
1.1%
6.4%
6.0%
5.3%
5.4%
5.0%
5.0%
5.0%
4.5%
2.0%
EBITDA
205
222
252
273
290
312
351
376
395
413
421
% of Revenue
18.3%
19.7%
21.0%
21.4%
21.7%
22.1%
23.7%
24.2%
24.2%
24.2%
24.2%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(EUR in millions)
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Dec-30
Dec-31
Dec-32
Dec-33
Dec-34
EBITDA
222
252
273
290
312
351
376
395
413
421
Other Income / (Exp)
0
0
0
0
0
0
0
0
0
0
D&A
(80)
(81)
(86)
(86)
(93)
(98)
(103)
(108)
(113)
(115)
EBIT
142
171
187
204
219
253
274
287
300
306
Pro forma Taxes
(35)
(43)
(47)
(51)
(55)
(63)
(68)
(72)
(75)
(77)
NOPAT
110
106
129
140
153
164
190
205
215
225
230
Capital Expenditures
(83)
(90)
(77)
(74)
(85)
(92)
(84)
(87)
(87)
(86)
(87)
NWC Investment
(12)
(3)
(18)
(18)
(16)
(17)
(17)
(18)
(19)
(18)
(8)
(+) D&A
58
80
81
86
86
93
98
103
108
113
115
Free Cash Flow
73
93
114
134
138
148
187
203
217
234
250
% Growth
29%
22%
18%
2%
8%
26%
9%
7%
8%
7%
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