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 EBITDA Multiple | 2.8x - 3.1x | 3.0x |
| Selected Fwd EBITDA Multiple | -2.8x - -3.1x | -2.9x |
| Fair Value | €3.57 - €3.45 | €3.51 |
| Upside | 46.9% - 42.2% | 44.5% |
| Benchmarks | Ticker | Full Ticker |
| GAN Limited | 4VN | DB:4VN |
| Evoke plc | C8V | DB:C8V |
| International Game Technology PLC | 7IG | DB:7IG |
| Nebelhornbahn-Aktiengesellschaft | NHB0 | MUN:NHB0 |
| Erlebnis Akademie AG | EAD | XTRA:EAD |
| bet-at-home.com AG | ACX | XTRA:ACX |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| 4VN | C8V | 7IG | NHB0 | EAD | ACX | ||
| DB:4VN | DB:C8V | DB:7IG | MUN:NHB0 | XTRA:EAD | XTRA:ACX | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | -19.2% | 27.4% | -4.0% | 13.6% | -4.2% | -48.8% | |
| 3Y CAGR | NM- | 19.2% | -12.6% | 29.0% | -8.8% | -48.3% | |
| Latest Twelve Months | 108.3% | -40.4% | -2.5% | 1.7% | -67.5% | -187.6% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | -12.8% | 14.6% | 33.3% | 19.7% | 26.2% | 7.4% | |
| Prior Fiscal Year | -11.7% | 17.8% | 38.3% | 33.7% | 23.1% | 6.5% | |
| Latest Fiscal Year | 0.9% | 10.3% | 37.5% | 32.6% | 17.7% | 2.8% | |
| Latest Twelve Months | 0.9% | 10.3% | 37.5% | 32.6% | 13.0% | -6.1% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.67x | 1.01x | 3.33x | 3.86x | 1.47x | -0.32x | |
| EV / LTM EBITDA | 72.3x | 9.8x | 8.9x | 11.8x | 11.3x | 5.2x | |
| EV / LTM EBIT | -25.1x | 22.0x | 11.5x | 46.9x | -12.5x | 3.8x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 8.9x | 11.3x | 72.3x | ||||
| Historical EV / LTM EBITDA | -8.5x | 0.8x | 8.3x | ||||
| Selected EV / LTM EBITDA | 2.8x | 3.0x | 3.1x | ||||
| (x) LTM EBITDA | (3) | (3) | (3) | ||||
| (=) Implied Enterprise Value | (9) | (9) | (9) | ||||
| (-) Non-shareholder Claims * | 33 | 33 | 33 | ||||
| (=) Equity Value | 24 | 24 | 23 | ||||
| (/) Shares Outstanding | 7.0 | 7.0 | 7.0 | ||||
| Implied Value Range | 3.44 | 3.38 | 3.31 | ||||
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 3.44 | 3.38 | 3.31 | 2.43 | |||
| Upside / (Downside) | 41.6% | 39.0% | 36.4% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 4VN | C8V | 7IG | NHB0 | EAD | ACX | |
| Enterprise Value | 86 | 1,770 | 8,264 | 22 | 35 | (16) | |
| (+) Cash & Short Term Investments | 39 | 265 | 584 | 0 | 2 | 34 | |
| (+) Investments & Other | 0 | 32 | 0 | 0 | 2 | 0 | |
| (-) Debt | (50) | (1,833) | (5,498) | 0 | (28) | (2) | |
| (-) Other Liabilities | 0 | (21) | (303) | 0 | (3) | 0 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 75 | 214 | 3,047 | 22 | 9 | 17 | |
| (/) Shares Outstanding | 45.8 | 449.6 | 202.0 | 1.4 | 2.5 | 7.0 | |
| Implied Stock Price | 1.63 | 0.48 | 15.08 | 16.50 | 3.56 | 2.43 | |
| FX Conversion Rate to Trading Currency | 1.13 | 0.87 | 1.13 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 1.44 | 0.55 | 13.30 | 16.50 | 3.56 | 2.43 | |
| Trading Currency | EUR | EUR | EUR | EUR | EUR | EUR | |
| FX Rate to Reporting Currency | 1.13 | 0.87 | 1.13 | 1.00 | 1.00 | 1.00 | |