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GPK
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SON
5.5%
HK
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WarrenAI
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Silgan Holdings Inc.
DB:SL3
美國 / 材料 / 容器與包裝
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€
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股息
財報
模型
財務狀況
比較
穩健度
圖表
10 年 DCF EBITDA 退出價
股價
45.40
EUR
公允價值
46.15
EUR
Metrics
Range
Conclusion
Discount Rate
10.5% - 9.5%
10.0%
Terminal EBITDA Multiple
11.0x - 13.0x
12.0x
Fair Value
€39.42 - €53.36
€46.15
Upside
-13.2% - 17.5%
1.6%
3.0%
Revenue 10y CAGR
16.1%
10y Avg EBITDA Margin
3.5%
Unlevered FCF 10y CAGR
10-Year DCF Model: EBITDA Exit
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儲存
股價
45.40
EUR
公允價值
46.15
EUR
看漲
1.6%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(USD 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
5,855
6,444
6,609
6,774
6,944
7,113
7,255
7,400
7,548
7,699
7,853
% Growth
-2.2%
10.1%
2.6%
2.5%
2.5%
2.4%
2.0%
2.0%
2.0%
2.0%
2.0%
EBITDA
879
1,028
1,075
1,121
1,119
1,142
1,165
1,188
1,212
1,236
1,261
% of Revenue
15.0%
16.0%
16.3%
16.5%
16.1%
16.1%
16.1%
16.1%
16.1%
16.1%
16.1%
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
(USD in millions)
Dec-25
Dec-26
Dec-27
Dec-28
Dec-29
Dec-30
Dec-31
Dec-32
Dec-33
Dec-34
EBITDA
1,028
1,075
1,121
1,119
1,142
1,165
1,188
1,212
1,236
1,261
Other Income / (Exp)
0
0
0
0
0
0
0
0
0
0
D&A
(262)
(268)
(278)
(285)
(292)
(298)
(304)
(310)
(316)
(323)
EBIT
767
807
843
834
850
867
884
902
920
938
Pro forma Taxes
(184)
(194)
(202)
(200)
(204)
(208)
(212)
(216)
(221)
(225)
NOPAT
458
583
613
640
634
646
659
672
685
699
713
Capital Expenditures
(263)
(302)
(300)
(303)
(312)
(320)
(312)
(315)
(316)
(314)
(315)
NWC Investment
21
(92)
(26)
(26)
(26)
(26)
(22)
(23)
(23)
(24)
(24)
(+) D&A
276
262
268
278
285
292
298
304
310
316
323
Free Cash Flow
492
451
555
590
580
592
623
639
657
678
697
% Growth
-8%
23%
6%
-2%
2%
5%
3%
3%
3%
3%
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