| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| MSKE | SNFL | DORL | SOLR | ZPRS | | PRIM | |
| TASE:MSKE | TASE:SNFL | TASE:DORL | TASE:SOLR | TASE:ZPRS | | TASE:PRIM | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | NM- | 24.2% | 124.0% | 45.5% | NM- | | 88.5% | |
| 3Y CAGR | 99.0% | 47.4% | 35.4% | 66.5% | 71.1% | | 23.9% | |
| Latest Twelve Months | 23.2% | -5.3% | 294.2% | 48.9% | -27.7% | | 29.2% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | -51.7% | 23.9% | -49.4% | -67.9% | 52.1% | | -142.7% | |
| Prior Fiscal Year | -27.8% | 15.9% | -93.5% | -38.2% | 72.5% | | -129.1% | |
| Latest Fiscal Year | -41.0% | 42.0% | -33.4% | -19.4% | 56.8% | | -61.9% | |
| Latest Twelve Months | -26.5% | 42.0% | -33.4% | -23.6% | 43.0% | | -61.9% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 9.51x | 3.64x | 9.65x | 22.49x | 7.64x | | 45.23x | |
| EV / LTM EBIT | -35.8x | 8.7x | -28.9x | -95.5x | 17.8x | | -73.0x | |
| Price / LTM Sales | 19.87x | 1.34x | 6.88x | 7.97x | 3.95x | | 26.58x | |
| | | | | | | | |
| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 3.64x | 9.51x | 22.49x | | | | | |
| Historical EV / LTM Revenue | 23.10x | 38.75x | 45.23x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 36.74x | 38.68x | 40.61x | | | | | |
| (x) LTM Revenue | 13 | 13 | 13 | | | | | |
| (=) Implied Enterprise Value | 485 | 511 | 536 | | | | | |
| (-) Non-shareholder Claims * | (244) | (244) | (244) | | | | | |
| (=) Equity Value | 241 | 266 | 292 | | | | | |
| (/) Shares Outstanding | 29.5 | 29.5 | 29.5 | | | | | |
| Implied Value Range | 8.15 | 9.02 | 9.88 | | | | | |
| FX Rate: ILS/ILS | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 8.15 | 9.02 | 9.88 | | 12.24 | | | |
| Upside / (Downside) | -33.4% | -26.3% | -19.3% | | | | | |