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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 7.7x - 8.5x | 8.1x |
Historical Pb Multiple | 1.2x - 15.8x | 5.4x |
Fair Value | $12.39 - $13.70 | $13.04 |
Upside | -51.2% - -46.1% | -48.6% |
Benchmarks | - | Full Ticker |
Quantum Corporation | - | NasdaqGM:QMCO |
CPI Card Group Inc. | - | NasdaqGM:PMTS |
Western Digital Corporation | - | NasdaqGS:WDC |
Corsair Gaming, Inc. | - | NasdaqGS:CRSR |
Qualstar Corporation | - | OTCPK:QBAK |
IonQ, Inc. | - | NYSE:IONQ |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
QMCO | PMTS | WDC | CRSR | QBAK | IONQ | |||
NasdaqGM:QMCO | NasdaqGM:PMTS | NasdaqGS:WDC | NasdaqGS:CRSR | OTCPK:QBAK | NYSE:IONQ | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | NM- | NM- | NM- | NM- | NM- | ||
3Y CAGR | NM- | 7.0% | NM- | NM- | NM- | NM- | ||
Latest Twelve Months | -283.5% | -18.6% | 152.5% | -3211.9% | -346.6% | -110.2% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -6.5% | 4.9% | -1.2% | 0.8% | -2.7% | -3215.5% | ||
Prior Fiscal Year | -4.4% | 5.4% | -13.9% | 0.2% | 1.8% | -715.8% | ||
Latest Fiscal Year | -13.2% | 4.1% | -6.6% | -7.5% | -5.9% | -770.0% | ||
Latest Twelve Months | -43.6% | 4.1% | 7.8% | -7.5% | -5.9% | -770.0% | ||
Return on Equity | ||||||||
5 Year Average Margin | NA | NA | 0.1% | 6.4% | -3.5% | -28.6% | ||
Prior Fiscal Year | NM | NM | -14.7% | 0.5% | 3.7% | -30.0% | ||
Latest Twelve Months | NM | NM | 10.9% | -15.6% | -9.8% | -76.3% | ||
Next Fiscal Year | 20.5% | -207.4% | 14.4% | 8.6% | #NUM! | -36.6% | ||
Two Fiscal Years Forward | 4.2% | 416.2% | 13.8% | 11.9% | -11.4% | -55.0% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 0.2x | 0.6x | 0.8x | 0.5x | 1.1x | 140.9x | ||
Price / LTM EPS | -0.5x | 14.1x | 10.3x | -6.8x | -18.0x | -18.3x | ||
Price / Book | -0.3x | -7.7x | 1.0x | 1.1x | 1.9x | 15.8x | ||
Price / Fwd Book | -0.4x | -52.2x | 1.0x | 1.0x | 1.9x | 22.9x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | -7.7x | 1.0x | 1.9x | |||||
Historical P/B Ratio | 1.2x | 5.4x | 15.8x | |||||
Selected P/B Multiple | 7.7x | 8.1x | 8.5x | |||||
(x) Book Value | 384 | 384 | 384 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | QMCO | PMTS | WDC | CRSR | QBAK | IONQ | |
Value of Common Equity | 65 | 286 | 12,497 | 662 | 8 | 6,068 | |
(/) Shares Outstanding | 5.8 | 11.2 | 347.8 | 104.9 | 1.4 | 238.9 | |
Implied Stock Price | 11.20 | 25.48 | 35.93 | 6.31 | 6.00 | 25.40 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 11.20 | 25.48 | 35.93 | 6.31 | 6.00 | 25.40 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |