| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| CVLT | WDAY | RPD | NOW | ZM | | FO8 | |
| NasdaqGS:CVLT | NasdaqGS:WDAY | NasdaqGM:RPD | NYSE:NOW | NasdaqGS:ZM | | DB:FO8 | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 3.4% | 18.4% | 20.9% | 26.0% | 49.6% | | 22.5% | |
| 3Y CAGR | 5.1% | 18.0% | 16.4% | 23.0% | 4.4% | | 21.2% | |
| Latest Twelve Months | 15.2% | 16.4% | 8.5% | 22.4% | 3.1% | | 12.3% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 6.1% | -1.8% | -12.1% | 6.3% | 16.6% | | 21.5% | |
| Prior Fiscal Year | 6.8% | 2.5% | -4.0% | 8.9% | 14.4% | | 23.3% | |
| Latest Fiscal Year | 9.5% | 5.9% | 4.2% | 12.7% | 17.5% | | 30.2% | |
| Latest Twelve Months | 8.9% | 5.9% | 4.2% | 12.7% | 17.5% | | 30.2% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 7.46x | 7.36x | 2.76x | 15.04x | 3.31x | | 12.68x | |
| EV / LTM EBIT | 83.4x | 124.5x | 65.4x | 118.2x | 18.9x | | 42.0x | |
| Price / LTM Sales | 7.70x | 7.91x | 2.21x | 15.73x | 5.09x | | 13.18x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 2.76x | 7.36x | 15.04x | | | | | |
| Historical EV / LTM Revenue | 8.28x | 9.14x | 18.14x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 10.06x | 10.59x | 11.12x | | | | | |
| (x) LTM Revenue | 5,956 | 5,956 | 5,956 | | | | | |
| (=) Implied Enterprise Value | 59,902 | 63,055 | 66,208 | | | | | |
| (-) Non-shareholder Claims * | 3,006 | 3,006 | 3,006 | | | | | |
| (=) Equity Value | 62,909 | 66,061 | 69,214 | | | | | |
| (/) Shares Outstanding | 769.0 | 769.0 | 769.0 | | | | | |
| Implied Value Range | 81.81 | 85.91 | 90.01 | | | | | |
| FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 76.08 | 79.89 | 83.71 | | 94.44 | | | |
| Upside / (Downside) | -19.4% | -15.4% | -11.4% | | | | | |