| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| HQY | HITC | HCTI | CRVW | AMWL | | 4R80 | |
| NasdaqGS:HQY | PINC:HITC | NasdaqCM:HCTI | PINC:CRVW | NYSE:AMWL | | DB:4R80 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 17.7% | NM- | -16.5% | 5.6% | 11.3% | | -11.6% | |
| 3Y CAGR | 16.6% | NM- | -30.8% | 1.9% | 0.2% | | -13.6% | |
| Latest Twelve Months | 20.0% | 1279.2% | -64.8% | -14.8% | -1.8% | | -21.4% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 10.2% | -1241.4% | -22.0% | -20.7% | -87.7% | | -72.7% | |
| Prior Fiscal Year | 12.8% | NA | -18.0% | -7.1% | -98.7% | | -38.1% | |
| Latest Fiscal Year | 16.9% | -261.7% | -40.6% | -19.1% | -77.3% | | -42.1% | |
| Latest Twelve Months | 16.9% | -785.4% | -40.6% | -19.1% | -77.3% | | -42.1% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 6.88x | 128.06x | 1.56x | 4.06x | -0.35x | | 0.48x | |
| EV / LTM EBIT | 40.7x | -16.3x | -3.8x | -21.3x | 0.4x | | -1.1x | |
| Price / LTM Sales | 6.20x | 146.81x | 0.70x | 1.63x | 0.47x | | 0.43x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | -0.35x | 4.06x | 128.06x | | | | | |
| Historical EV / LTM Revenue | 0.48x | 1.19x | 3.02x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.79x | 0.83x | 0.87x | | | | | |
| (x) LTM Revenue | 3 | 3 | 3 | | | | | |
| (=) Implied Enterprise Value | 2 | 2 | 3 | | | | | |
| (-) Non-shareholder Claims * | (0) | (0) | (0) | | | | | |
| (=) Equity Value | 2 | 2 | 2 | | | | | |
| (/) Shares Outstanding | 2.1 | 2.1 | 2.1 | | | | | |
| Implied Value Range | 1.05 | 1.11 | 1.16 | | | | | |
| FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.92 | 0.97 | 1.02 | | 1.26 | | | |
| Upside / (Downside) | -27.0% | -22.9% | -18.8% | | | | | |