Firm Value Multiples

FirmMultiples
EnterthefollowinginputsforthetwostageFCFEModel

CurrentInputs

CurrentEBIT= $8,449.00 (in$) ATOperatingMargin=

CurrentDepreciation= $1,443.00 Sales/BVCapital

CurrentTaxRate= 40.00% (inpercent) Returnoncapital=

CurrentRevenues= $35,119.00 (in$)

CapitalInvested(BookValue)= $31,679.00
HighGrowthPeriod

Lengthofhighgrowthperiod(n)= 5 (Numberofperiods)ATOperatingMargin=

ReinvestmentRate(as%ofEBIT(1t))= 60% Sales/Capital=

Growthrateduringperiod(g)= 9.60% (inpercent) ReturnonCapital=

CostofEquityduringperiod= 8.00% (inpercent)

AftertaxCostofDebt= 2.70% (inpercent) Costofcapital=

DebtRatio(D/(D+E))= 7.23% (inpercent)

StableGrowthPeriod

Growthrateinsteadystate= 3.50% (inpercent)

Returnoncapitalinstablegrowth 10.50% ATOperatingMargin

ReinvestmentRateinStablegrowth= 33.33% Sales/BVCapital

CostofEquityinsteadystate= 8.00% (inpercent) ReturnonCapital=

AftertaxCostofDebt= 2.70% (inpercent)

DebtRatio(D/(D+E))= 20.00% (inpercent) Costofcapital=

Output

EnterpriseValue= $122,123.47
EV/EBIT= 14.45
EV/EBITDA= 12.35
EV/EBIT(1t)= 24.09
EV/Sales= 3.48
EV/CapitalInvested= 3.86

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 Firm Value Multiples

14.43%

1.11

16.00%

14.43%

1.11

16.00%

7.62%

10.50%

1.00

10.50%

6.9400%

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