Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Discount Rate | 11.3% - 10.3% | 10.8% |
| Terminal EBITDA Multiple | 5.2x - 7.2x | 6.2x |
| Fair Value | $40.29 - $51.76 | $45.92 |
| Upside | 18.5% - 52.2% | 35.0% |
| Select Revenue and EBITDA Forecast | ||||||
| (USD in millions) | Input Projections | |||||
| Fiscal Years Ending | Jun-24 | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 |
| Revenue | 3,260 | 3,144 | 3,311 | 3,381 | 3,448 | 3,517 |
| % Growth | -13.9% | -3.6% | 5.3% | 2.1% | 2.0% | 2.0% |
| EBITDA | 125 | 137 | 156 | 173 | 177 | 180 |
| % of Revenue | 3.8% | 4.4% | 4.7% | 5.1% | 5.1% | 5.1% |
| Calculation of Free Cash Flow | ||||||
| Projected Unlevered Cash Flow | ||||||
| (USD in millions) | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 | |
| EBITDA | 137 | 156 | 173 | 177 | 180 | |
| Other Income / (Exp) | 0 | 0 | 0 | 0 | 0 | |
| D&A | (30) | (32) | (55) | (56) | (57) | |
| EBIT | 107 | 124 | 119 | 121 | 124 | |
| Pro forma Taxes | (26) | (30) | (29) | (29) | (30) | |
| NOPAT | 74 | 82 | 94 | 90 | 92 | 94 |
| Capital Expenditures | (9) | (10) | (10) | (12) | (12) | (12) |
| NWC Investment | 95 | 21 | (30) | (13) | (12) | (12) |
| (+) D&A | 28 | 30 | 32 | 55 | 56 | 57 |
| Free Cash Flow | 188 | 122 | 86 | 121 | 124 | 126 |
| % Growth | -35% | -30% | 40% | 2% | 2% | |