| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| GSK1 N | SAN1 N | BAYN N | PFE * | PRGO N | | GEKA | |
| BMV:GSK1N | BMV:SAN1N | BMV:BAYNN | BMV:PFE* | BMV:PRGON | | DB:GEKA | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | -1.5% | 3.3% | 1.4% | 9.2% | 2.5% | | 7.9% | |
| 3Y CAGR | 8.3% | 4.2% | 1.9% | -7.8% | 1.9% | | 6.3% | |
| Latest Twelve Months | 3.5% | 7.7% | -2.2% | 6.8% | -6.1% | | 13.0% | |
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| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 24.9% | 21.2% | 16.4% | 25.3% | 6.2% | | 19.7% | |
| Prior Fiscal Year | 27.7% | 19.8% | 16.4% | 21.0% | 6.2% | | 19.8% | |
| Latest Fiscal Year | 19.7% | 20.0% | 11.7% | 25.7% | 9.5% | | 21.4% | |
| Latest Twelve Months | 19.7% | 20.0% | 11.7% | 25.7% | 9.5% | | 21.4% | |
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| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 2.07x | 2.72x | 1.05x | 2.76x | 1.57x | | 1.47x | |
| EV / LTM EBIT | 10.5x | 13.6x | 9.0x | 10.7x | 16.4x | | 6.9x | |
| Price / LTM Sales | 1.73x | 2.55x | 0.41x | 2.05x | 0.82x | | 1.25x | |
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| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.05x | 2.07x | 2.76x | | | | | |
| Historical EV / LTM Revenue | 1.04x | 1.47x | 1.76x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.55x | 1.63x | 1.71x | | | | | |
| (x) LTM Revenue | 18,607 | 18,607 | 18,607 | | | | | |
| (=) Implied Enterprise Value | 28,785 | 30,300 | 31,815 | | | | | |
| (-) Non-shareholder Claims * | (4,198) | (4,198) | (4,198) | | | | | |
| (=) Equity Value | 24,588 | 26,103 | 27,618 | | | | | |
| (/) Shares Outstanding | 977.8 | 977.8 | 977.8 | | | | | |
| Implied Value Range | 25.15 | 26.70 | 28.25 | | | | | |
| FX Rate: MXN/EUR | 22.6 | 22.6 | 22.6 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 1.11 | 1.18 | 1.25 | | 0.99 | | | |
| Upside / (Downside) | 12.9% | 19.9% | 26.8% | | | | | |