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CAR
-4.2%
SVNS
-3.1%
EDEN
-2.9%
HK
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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
4.84
USD
公允價值
7.10
USD
Metrics
Range
Conclusion
Discount Rate
10.3% - 9.3%
9.8%
Terminal EBITDA Multiple
8.2x - 10.2x
9.2x
Fair Value
$6.42 - $7.82
$7.10
Upside
32.7% - 61.5%
46.6%
4.9%
Revenue 10y CAGR
19.8%
10y Avg EBITDA Margin
9.9%
Unlevered FCF 10y CAGR
10-Year DCF Model: EBITDA Exit
分享
儲存
股價
4.84
USD
公允價值
7.10
USD
看漲
46.6%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(GBP in millions)
Input Projections
Fiscal Years Ending
Sep-24
Sep-25
Sep-26
Sep-27
Sep-28
Sep-29
Sep-30
Sep-31
Sep-32
Sep-33
Sep-34
Revenue
153
162
172
183
205
221
229
233
238
243
248
% Growth
3.8%
5.7%
6.6%
6.4%
11.8%
7.8%
3.5%
2.0%
2.0%
2.0%
2.0%
EBITDA
25
28
30
33
42
46
48
49
50
51
52
% of Revenue
16.1%
17.1%
17.4%
18.3%
20.5%
20.8%
20.8%
20.8%
20.8%
20.8%
20.8%
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
(GBP in millions)
Sep-25
Sep-26
Sep-27
Sep-28
Sep-29
Sep-30
Sep-31
Sep-32
Sep-33
Sep-34
EBITDA
28
30
33
42
46
48
49
50
51
52
Other Income / (Exp)
0
0
0
0
0
0
0
0
0
0
D&A
(6)
(6)
(7)
(7)
(6)
(6)
(6)
(6)
(7)
(7)
EBIT
22
24
27
35
40
41
42
43
44
45
Pro forma Taxes
(5)
(5)
(6)
(7)
(8)
(9)
(9)
(9)
(9)
(9)
NOPAT
16
17
19
21
28
32
33
33
34
35
35
Capital Expenditures
(5)
(7)
(7)
(8)
(8)
(9)
(8)
(8)
(9)
(8)
(8)
NWC Investment
(3)
(4)
(5)
(5)
(11)
(8)
(4)
(2)
(2)
(2)
(2)
(+) D&A
4
6
6
7
7
6
6
6
6
7
7
Free Cash Flow
12
12
13
14
16
21
27
29
30
31
31
% Growth
-3%
8%
13%
11%
29%
29%
8%
2%
3%
2%
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