RE:Valuations Assume valuation multiple does not increase, the co. pays down $14.6 mil/yr per credit agreement and has 10% organic growth. Stock price is $8.98 US in 2 yrs, 43% appreciation.
| Now | 1 yr later | 2 yrs later |
Shs o/s | 36,037 | 36,037 | 36,037 |
Sh price US | $6.28 | $7.58 | $8.98 |
Mkt cap | 226,312 | 273,313 | 323,553 |
Net debt | 97,690 | 83,090 | 68,490 |
Ent. Value | 324,002 | 356,403 | 392,043 |
Ebitda | 49,000 | 53,900 | 59,290 |
EV/ebitda | 6.61 | 6.61 | 6.61 |