Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Revenue Multiple | 1,1x - 1,2x | 1,1x |
| Selected Fwd Revenue Multiple | 1,1x - 1,2x | 1,1x |
| Fair Value | $9,17 - $10,03 | $9,60 |
| Upside | 11,2% - 21,6% | 16,4% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Smartoptics Group AS | 3YL | MUN:3YL |
| Vecima Networks Inc. | VCM | DB:VCM |
| Nokia Oyj | NOKIA SEK | OM:NOKIASEK |
| Juniper Networks, Inc. | JNP | DB:JNP |
| Motorola Solutions, Inc. | MTLA | DB:MTLA |
| Telefonaktiebolaget LM Ericsson (publ) | ERIX.F | OTCPK:ERIX.F |
| Select LTM Revenue Multiple | ||||||||
| Benchmark Companies | ||||||||
| 3YL | VCM | NOKIA SEK | JNP | MTLA | ERIX.F | |||
| MUN:3YL | DB:VCM | OM:NOKIASEK | DB:JNP | DB:MTLA | OTCPK:ERIX.F | |||
| Historical Revenue Growth | ||||||||
| 5Y CAGR | 16.1% | 27.9% | -3.8% | 2.7% | 6.5% | 1.8% | ||
| 3Y CAGR | 6.5% | 32.8% | -4.7% | 2.3% | 9.8% | 2.2% | ||
| Latest Twelve Months | -5.3% | 15.7% | -9.1% | -8.8% | 8.4% | -5.9% | ||
| Historical EBIT Profit Margin | ||||||||
| 5 Year Average Margin | 11.4% | 5.0% | 9.3% | 9.6% | 23.1% | 10.3% | ||
| Prior Fiscal Year | 15.3% | 12.0% | 9.4% | 10.2% | 24.7% | 6.7% | ||
| Latest Fiscal Year | 5.9% | 10.4% | 11.3% | 7.2% | 26.2% | 3.4% | ||
| Latest Twelve Months | 5.9% | 8.5% | 11.3% | 7.2% | 26.2% | 3.4% | ||
| Current Trading Multiples | ||||||||
| EV / LTM Revenue | 3.63x | 0.96x | 1.13x | 2.37x | 7.04x | 0.98x | ||
| EV / LTM EBIT | 61.1x | 11.4x | 9.9x | 33.0x | 26.9x | 28.9x | ||
| Price / LTM Sales | 3.75x | 0.80x | 1.40x | 2.37x | 6.62x | 1.12x | ||
| Low | Mid | High | ||||||
| Benchmark EV / LTM Revenue | 0.96x | 2.37x | 7.04x | |||||
| Historical EV / LTM Revenue | 0.76x | 0.98x | 1.27x | |||||
| Selected EV / LTM Revenue | 1.07x | 1.12x | 1.18x | |||||
| (x) LTM Revenue | 247,880 | 247,880 | 247,880 | |||||
| (=) Implied Enterprise Value | 264,279 | 278,189 | 292,098 | |||||
| (-) Non-shareholder Claims * | 34,839 | 34,839 | 34,839 | |||||
| (=) Equity Value | 299,118 | 313,028 | 326,937 | |||||
| (/) Shares Outstanding | 3,332.7 | 3,332.7 | 3,332.7 | |||||
| Implied Value Range | 89.75 | 93.93 | 98.10 | |||||
| FX Rate: SEK/USD | 10.1 | 10.1 | 10.1 | Market Price | ||||
| Implied Value Range (Trading Cur) | 8.92 | 9.34 | 9.76 | 8.25 | ||||
| Upside / (Downside) | 8.2% | 13.2% | 18.2% | |||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | 3YL | VCM | NOKIA SEK | JNP | MTLA | ERIX.F | |
| Enterprise Value | 146 | 304 | 21,499 | 11,971 | 75,847 | 241,658 | |
| (+) Cash & Short Term Investments | 8 | 2 | 8,312 | 1,385 | 2,102 | 56,431 | |
| (+) Investments & Other | 0 | 0 | 1,763 | 515 | 60 | 22,648 | |
| (-) Debt | (2) | (55) | (4,760) | (1,872) | (6,551) | (45,541) | |
| (-) Other Liabilities | 0 | 0 | (90) | 0 | (16) | 1,301 | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 152 | 252 | 26,724 | 11,998 | 71,442 | 276,497 | |
| (/) Shares Outstanding | 82.2 | 24.3 | 5,415.5 | 333.2 | 166.9 | 3,332.7 | |
| Implied Stock Price | 1.85 | 10.37 | 4.93 | 36.01 | 427.96 | 82.97 | |
| FX Conversion Rate to Trading Currency | 1.08 | 1.54 | 0.09 | 1.08 | 1.08 | 10.06 | |
| Implied Stock Price (Trading Cur) | 1.72 | 6.75 | 53.36 | 33.49 | 398.00 | 8.25 | |
| Trading Currency | EUR | EUR | SEK | EUR | EUR | USD | |
| FX Rate to Reporting Currency | 1.08 | 1.54 | 0.09 | 1.08 | 1.08 | 10.06 | |