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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Ps Multiple | 1.6x - 1.8x | 1.7x |
Selected Fwd Ps Multiple | 1.5x - 1.6x | 1.5x |
Fair Value | ARS 111,821 - ARS 123,592 | ARS 117,706 |
Upside | -2.0% - 8.4% | 3.2% |
Benchmarks | Ticker | Full Ticker |
---|---|---|
COSCO SHIPPING Ports Limited | - | OTCPK:CSPK.F |
Saker Aviation Services, Inc. | - | OTCPK:SKAS |
Sky Harbour Group Corporation | - | NYSE:SKYH |
Singularity Future Technology Ltd. | - | NasdaqCM:SGLY |
ICTS International N.V. | - | OTCPK:ICTS.F |
Corporación América Airports S.A. | - | BASE:CAAP |
Select Price / LTM Sales Ratio | ||||||||
Benchmark Companies | ||||||||
CSPK.F | SKAS | SKYH | SGLY | ICTS.F | CAAP | |||
OTCPK:CSPK.F | OTCPK:SKAS | NYSE:SKYH | NasdaqCM:SGLY | OTCPK:ICTS.F | BASE:CAAP | |||
Historical Sales Growth | ||||||||
5Y CAGR | 7.9% | -4.5% | NM- | -40.4% | 7.7% | 3.4% | ||
3Y CAGR | 7.5% | 56.3% | 110.7% | -15.2% | 14.2% | 37.6% | ||
Latest Twelve Months | 6.4% | 2.7% | 94.4% | -35.6% | 12.0% | 28.5% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 30.3% | 5.4% | -570.6% | -391.2% | 2.9% | -8.7% | ||
Prior Fiscal Year | 22.3% | 27.7% | -213.6% | -506.7% | 1.6% | 17.1% | ||
Latest Fiscal Year | 20.5% | 13.7% | -306.4% | -162.9% | -0.9% | 15.3% | ||
Latest Twelve Months | 21.3% | 6.1% | -182.0% | -171.2% | -0.9% | 9.2% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 4.6x | -0.8x | -34.5x | 3.5x | -45.2x | 6.7x | ||
Price / LTM Sales | 1.8x | 0.8x | 39.1x | 1.9x | 0.3x | 1.9x | ||
LTM P/E Ratio | 8.5x | 13.4x | -16.8x | -1.1x | -39.0x | 20.6x | ||
Low | Mid | High | ||||||
Benchmark LTM P/S Ratio | 0.3x | 1.8x | 39.1x | |||||
Historical LTM P/S Ratio | 0.7x | 1.5x | 2.1x | |||||
Selected Price / Sales Multiple | 1.6x | 1.7x | 1.8x | |||||
(x) LTM Sales | 1,858 | 1,858 | 1,858 | |||||
(=) Equity Value | 2,996 | 3,154 | 3,312 | |||||
(/) Shares Outstanding | 35.1 | 35.1 | 35.1 | |||||
Implied Value Range | 85.27 | 89.76 | 94.25 | |||||
FX Rate: USD/ARS | 0.0 | 0.0 | 0.0 | Market Price | ||||
Implied Value Range (Trading Cur) | 112,586.76 | 118,512.38 | 124,438.00 | 114,050.00 | ||||
Upside / (Downside) | -1.3% | 3.9% | 9.1% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | CSPK.F | SKAS | SKYH | SGLY | ICTS.F | CAAP | |
Value of Common Equity | 2,512 | 7 | 371 | 4 | 165 | 3,035 | |
(/) Shares Outstanding | 3,874.2 | 1.0 | 33.9 | 4.2 | 37.4 | 35.1 | |
Implied Stock Price | 0.65 | 7.42 | 10.95 | 0.99 | 4.41 | 86.38 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | |
Implied Stock Price (Trading Cur) | 0.65 | 7.42 | 10.95 | 0.99 | 4.41 | 114,050.00 | |
Trading Currency | USD | USD | USD | USD | USD | ARS | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 |