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 | 12.0% - 11.0% | 11.5% |
| Terminal EBITDA Multiple | 11.9x - 13.9x | 12.9x |
| Fair Value | $29.59 - $37.81 | $33.63 |
| Upside | -10.7% - 14.2% | 1.5% |
| 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 | 959 | 955 | 1,012 | 1,059 | 1,080 | 1,102 |
| % Growth | 12.7% | -0.4% | 6.0% | 4.6% | 2.0% | 2.0% |
| EBITDA | 180 | 200 | 221 | 234 | 238 | 243 |
| % of Revenue | 18.8% | 20.9% | 21.8% | 22.1% | 22.1% | 22.1% |
| Calculation of Free Cash Flow | ||||||
| Projected Unlevered Cash Flow | ||||||
| (USD in millions) | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 | |
| EBITDA | 200 | 221 | 234 | 238 | 243 | |
| Other Income / (Exp) | 0 | 0 | 0 | 0 | 0 | |
| D&A | (62) | (62) | (55) | (56) | (58) | |
| EBIT | 138 | 159 | 178 | 182 | 186 | |
| Pro forma Taxes | (18) | (21) | (23) | (24) | (24) | |
| NOPAT | 110 | 120 | 138 | 155 | 158 | 161 |
| Capital Expenditures | (24) | (25) | (27) | (25) | (20) | (20) |
| NWC Investment | 29 | (1) | 16 | 13 | 6 | 6 |
| (+) D&A | 54 | 62 | 62 | 55 | 56 | 58 |
| Free Cash Flow | 169 | 155 | 189 | 198 | 200 | 205 |
| % Growth | -8% | 22% | 5% | 1% | 2% | |