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 | 5.2x - 5.7x | 5.5x |
| Selected Fwd EBITDA Multiple | 2.8x - 3.1x | 2.9x |
| Fair Value | €4.82 - €5.79 | €5.31 |
| Upside | -3.5% - 15.8% | 6.1% |
| Benchmarks | Ticker | Full Ticker |
| Sogefi S.p.A. | GEF | DB:GEF |
| OPmobility SE | EZM | DB:EZM |
| Valeo SE | VSA2 | DB:VSA2 |
| Akwel SA | MW4 | BST:MW4 |
| Magna International Inc. | MGA | DB:MGA |
| ElringKlinger AG | ZIL2 | XTRA:ZIL2 |
| - | - | - |
| Select LTM EBITDA Multiple | |||||||
| Benchmark Companies | |||||||
| GEF | EZM | VSA2 | MW4 | MGA | ZIL2 | ||
| DB:GEF | DB:EZM | DB:VSA2 | BST:MW4 | DB:MGA | XTRA:ZIL2 | ||
| Historical EBITDA Growth | |||||||
| 5Y CAGR | -6.8% | -3.6% | 0.0% | -10.4% | 0.3% | -6.4% | |
| 3Y CAGR | -10.0% | 6.4% | 4.9% | -14.5% | 3.2% | -16.8% | |
| Latest Twelve Months | -48.0% | -4.4% | 1.5% | -22.1% | 3.5% | -42.7% | |
| Historical EBITDA Profit Margin | |||||||
| 5 Year Average Margin | 11.0% | 7.0% | 8.6% | 10.6% | 9.2% | 9.6% | |
| Prior Fiscal Year | 8.7% | 6.8% | 8.9% | 9.0% | 8.8% | 10.0% | |
| Latest Fiscal Year | 10.7% | 6.4% | 9.2% | 7.6% | 9.4% | 5.8% | |
| Latest Twelve Months | 10.9% | 6.4% | 9.2% | 7.6% | 9.4% | 5.8% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.31x | 0.26x | 0.30x | 0.07x | 0.37x | 0.33x | |
| EV / LTM EBITDA | 2.9x | 4.0x | 3.2x | 0.9x | 3.9x | 5.7x | |
| EV / LTM EBIT | 5.4x | 6.8x | 6.7x | 1.7x | 7.7x | 51.6x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBITDA | 0.9x | 3.2x | 4.0x | ||||
| Historical EV / LTM EBITDA | 4.5x | 5.7x | 13.1x | ||||
| Selected EV / LTM EBITDA | 5.2x | 5.5x | 5.7x | ||||
| (x) LTM EBITDA | 105 | 105 | 105 | ||||
| (=) Implied Enterprise Value | 548 | 577 | 606 | ||||
| (-) Non-shareholder Claims * | (275) | (275) | (275) | ||||
| (=) Equity Value | 273 | 302 | 330 | ||||
| (/) Shares Outstanding | 63.4 | 63.4 | 63.4 | ||||
| Implied Value Range | 4.30 | 4.76 | 5.21 | ||||
| FX Rate: EUR/EUR | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 4.30 | 4.76 | 5.21 | 5.00 | |||
| Upside / (Downside) | -13.9% | -4.8% | 4.3% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | GEF | EZM | VSA2 | MW4 | MGA | ZIL2 | |
| Enterprise Value | 320 | 2,673 | 6,350 | 43 | 15,204 | 592 | |
| (+) Cash & Short Term Investments | 58 | 672 | 3,173 | 150 | 1,059 | 124 | |
| (+) Investments & Other | 4 | 452 | 424 | 2 | 1,062 | 14 | |
| (-) Debt | (116) | (2,362) | (7,038) | (17) | (7,558) | (365) | |
| (-) Other Liabilities | (13) | (29) | (796) | (1) | (426) | (48) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 253 | 1,406 | 2,113 | 178 | 9,341 | 317 | |
| (/) Shares Outstanding | 119.0 | 142.8 | 243.0 | 26.4 | 281.7 | 63.4 | |
| Implied Stock Price | 2.13 | 9.85 | 8.70 | 6.74 | 33.16 | 5.00 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.13 | 1.00 | |
| Implied Stock Price (Trading Cur) | 2.13 | 9.85 | 8.70 | 6.74 | 29.22 | 5.00 | |
| Trading Currency | EUR | EUR | EUR | EUR | EUR | EUR | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.13 | 1.00 | |