| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| LRCX | KLIC | AMAT | TER | MKSI | | ENQ | |
| NasdaqGS:LRCX | NasdaqGS:KLIC | NasdaqGS:AMAT | NasdaqGS:TER | NasdaqGS:MKSI | | DB:ENQ | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 9.1% | 5.5% | 13.2% | 4.2% | 13.5% | | 15.3% | |
| 3Y CAGR | 0.6% | -22.5% | 5.6% | -8.7% | 6.7% | | 12.1% | |
| Latest Twelve Months | 20.3% | -4.9% | 4.3% | 5.4% | -1.0% | | -8.0% | |
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| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 29.9% | 15.7% | 28.9% | 26.1% | 17.9% | | 19.5% | |
| Prior Fiscal Year | 30.4% | 8.3% | 28.9% | 19.3% | 10.6% | | 14.7% | |
| Latest Fiscal Year | 29.0% | 2.5% | 28.9% | 19.4% | 14.4% | | 17.0% | |
| Latest Twelve Months | 30.9% | 3.8% | 29.2% | 19.4% | 14.4% | | 17.0% | |
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| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 5.29x | 1.74x | 4.30x | 3.95x | 2.53x | | 4.92x | |
| EV / LTM EBIT | 17.1x | 46.3x | 14.7x | 20.3x | 17.5x | | 29.0x | |
| Price / LTM Sales | 5.35x | 2.45x | 4.46x | 4.40x | 1.39x | | 3.77x | |
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| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.74x | 3.95x | 5.29x | | | | | |
| Historical EV / LTM Revenue | 4.92x | 6.25x | 8.85x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 4.52x | 4.76x | 5.00x | | | | | |
| (x) LTM Revenue | 3,241 | 3,241 | 3,241 | | | | | |
| (=) Implied Enterprise Value | 14,661 | 15,433 | 16,205 | | | | | |
| (-) Non-shareholder Claims * | (3,733) | (3,733) | (3,733) | | | | | |
| (=) Equity Value | 10,929 | 11,700 | 12,472 | | | | | |
| (/) Shares Outstanding | 151.3 | 151.3 | 151.3 | | | | | |
| Implied Value Range | 72.22 | 77.32 | 82.42 | | | | | |
| FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 63.52 | 68.00 | 72.49 | | 70.44 | | | |
| Upside / (Downside) | -9.8% | -3.5% | 2.9% | | | | | |