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Metrics | Range | Conclusion |
---|---|---|
Selected LTM Pb Multiple | 1.3x - 1.4x | 1.3x |
Historical Pb Multiple | 1.1x - 3.6x | 1.3x |
Fair Value | $87.90 - $97.15 | $92.53 |
Upside | -7.3% - 2.5% | -2.4% |
Benchmarks | - | Full Ticker |
Charter Communications, Inc. | - | NasdaqGS:CHTR |
Stran & Company, Inc. | - | NasdaqCM:SWAG |
DoubleVerify Holdings, Inc. | - | NYSE:DV |
WideOpenWest, Inc. | - | NYSE:WOW |
Advantage Solutions Inc. | - | NasdaqGS:ADV |
Liberty Broadband Corporation | - | NasdaqGS:LBRD.A |
Select Price / Book Ratio | ||||||||
Benchmark Companies | ||||||||
CHTR | SWAG | DV | WOW | ADV | LBRD.A | |||
NasdaqGS:CHTR | NasdaqCM:SWAG | NYSE:DV | NYSE:WOW | NasdaqGS:ADV | NasdaqGS:LBRD.A | |||
Historical Net Income Growth | ||||||||
5Y CAGR | 25.0% | NM- | 19.3% | NM- | NM- | 49.3% | ||
3Y CAGR | 3.0% | NM- | 24.3% | NM- | NM- | 5.9% | ||
Latest Twelve Months | 11.9% | -942.8% | -22.6% | 78.2% | -302.5% | 4.2% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | 9.7% | -2.3% | 9.2% | 11.8% | -9.3% | 248.6% | ||
Prior Fiscal Year | 8.3% | -0.5% | 12.5% | -41.9% | -2.1% | 70.1% | ||
Latest Fiscal Year | 9.2% | -5.0% | 8.6% | -9.3% | -10.7% | 85.5% | ||
Latest Twelve Months | 9.4% | -4.4% | 7.6% | -9.3% | -11.0% | 86.4% | ||
Return on Equity | ||||||||
5 Year Average Margin | 31.7% | -7.2% | 5.4% | -31.9% | -24.1% | 7.9% | ||
Prior Fiscal Year | 45.1% | -1.0% | 7.3% | -69.1% | -7.3% | 7.9% | ||
Latest Twelve Months | 36.9% | -12.2% | 4.8% | -26.2% | -43.5% | 9.3% | ||
Next Fiscal Year | 31.3% | #NUM! | 15.3% | -36.8% | 20.0% | 12.3% | ||
Two Fiscal Years Forward | 28.0% | -14.8% | 18.7% | -75.5% | 24.2% | 11.7% | ||
Current Trading Multiples | ||||||||
Price / LTM Sales | 1.1x | 0.3x | 3.7x | 0.5x | 0.1x | 13.1x | ||
Price / LTM EPS | 10.7x | -6.4x | 48.7x | -5.7x | -1.4x | 15.2x | ||
Price / Book | 3.8x | 0.8x | 2.4x | 1.7x | 0.8x | 1.4x | ||
Price / Fwd Book | 2.8x | 0.8x | 2.3x | 2.3x | 0.6x | 1.2x | ||
Low | Mid | High | ||||||
Benchmark P/B Ratio | 0.8x | 1.7x | 3.8x | |||||
Historical P/B Ratio | 1.1x | 1.3x | 3.6x | |||||
Selected P/B Multiple | 1.3x | 1.3x | 1.4x | |||||
(x) Book Value | 10,052 | 10,052 | 10,052 |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | CHTR | SWAG | DV | WOW | ADV | LBRD.A | |
Value of Common Equity | 54,176 | 25 | 2,377 | 326 | 499 | 13,585 | |
(/) Shares Outstanding | 138.1 | 18.6 | 162.5 | 82.5 | 324.3 | 143.3 | |
Implied Stock Price | 392.20 | 1.36 | 14.63 | 3.95 | 1.54 | 94.78 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
Implied Stock Price (Trading Cur) | 392.20 | 1.36 | 14.63 | 3.95 | 1.54 | 94.78 | |
Trading Currency | USD | USD | USD | USD | USD | USD | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |