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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 14.1x - 15.6x | 14.8x |
Selected Fwd P/E Multiple | 7.6x - 8.4x | 8.0x |
Fair Value | €33.67 - €37.21 | €35.44 |
Upside | -23.1% - -15.0% | -19.1% |
Benchmarks | - | Full Ticker |
Dorman Products, Inc. | - | NasdaqGS:DORM |
DENSO Corporation | - | OTCPK:DNZO.F |
Valeo SE | - | OTCPK:VLEE.F |
Patrick Industries, Inc. | - | NasdaqGS:PATK |
Nexteer Automotive Group Limited | - | OTCPK:NTXV.F |
PHINIA Inc. | - | DB:3A6 |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
DORM | DNZO.F | VLEE.F | PATK | NTXV.F | 3A6 | |||
NasdaqGS:DORM | OTCPK:DNZO.F | OTCPK:VLEE.F | NasdaqGS:PATK | OTCPK:NTXV.F | DB:3A6 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 17.8% | 43.8% | -12.3% | 9.1% | -23.3% | NM- | ||
3Y CAGR | 13.0% | 16.7% | -2.5% | -14.9% | -19.5% | -19.6% | ||
Latest Twelve Months | 32.1% | 25.5% | -48.6% | -17.8% | 68.0% | 44.0% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 8.6% | 4.7% | 0.4% | 4.8% | 2.7% | 2.9% | ||
Prior Fiscal Year | 6.7% | 4.4% | 1.0% | 4.1% | 0.9% | 2.9% | ||
Latest Fiscal Year | 9.5% | 5.9% | 0.8% | 3.7% | 1.4% | 2.3% | ||
Latest Twelve Months | 10.8% | 5.6% | 0.6% | 3.3% | 1.4% | 3.2% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | 11.9x | 6.2x | 3.4x | 11.7x | 5.4x | 5.4x | ||
Price / LTM Sales | 2.0x | 0.8x | 0.1x | 0.9x | 0.5x | 0.6x | ||
LTM P/E Ratio | 18.1x | 14.0x | 18.5x | 26.8x | 31.8x | 18.2x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | 14.0x | 18.5x | 31.8x | |||||
Historical LTM P/E Ratio | 9.8x | 14.4x | 18.9x | |||||
Selected P/E Multiple | 14.1x | 14.8x | 15.6x | |||||
(x) LTM Net Income | 108 | 108 | 108 | |||||
(=) Equity Value | 1,523 | 1,603 | 1,683 | |||||
(/) Shares Outstanding | 38.9 | 38.9 | 38.9 | |||||
Implied Value Range | 39.14 | 41.21 | 43.27 | |||||
FX Rate: USD/EUR | 1.2 | 1.2 | 1.2 | Market Price | ||||
Implied Value Range (Trading Cur) | 33.63 | 35.40 | 37.17 | 43.80 | ||||
Upside / (Downside) | -23.2% | -19.2% | -15.1% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | DORM | DNZO.F | VLEE.F | PATK | NTXV.F | 3A6 | |
Value of Common Equity | 4,308 | 5,845,598 | 1,977 | 3,426 | 2,049 | 1,983 | |
(/) Shares Outstanding | 30.5 | 2,733.5 | 208.3 | 33.4 | 2,823.4 | 38.9 | |
Implied Stock Price | 141.09 | 2,138.52 | 9.49 | 102.50 | 0.73 | 50.98 | |
FX Conversion Rate to Trading Currency | 1.00 | 147.36 | 0.86 | 1.00 | 1.00 | 1.16 | |
Implied Stock Price (Trading Cur) | 141.09 | 14.51 | 11.05 | 102.50 | 0.73 | 43.80 | |
Trading Currency | USD | USD | USD | USD | USD | EUR | |
FX Rate to Reporting Currency | 1.00 | 147.36 | 0.86 | 1.00 | 1.00 | 1.16 |