Based upon these judgments, Barclays selected a range of 1.25x to 2.00x to EV / LTM Revenue and applied such range to the LTM Revenue (for the 12-months period ending on December 31, 2018), per Maxwell management’s financial projections for Maxwell, to calculate a range of implied prices per share of Maxwell.
NM Company LTM EBITDA Growth Company 2012 to 2014 Projected EBITDA CAGR Company NWC as % of LTM Revenue MindTree Limited 34.4% Chinasoft International Ltd.
Latest twelve months Enterprise Value as a Multiple of LTM EBITDA 2015 EBITDA 2016 EBITDA 2017 EBITDA LTM EBIT 2015 EBIT 2016 EBIT 2017 EBIT LTM Revenue 2015 Revenue 2016 Revenue 2017 Revenue Wi-Fi Companies China Outdoor Advertising Companies Aggregate Selected M&A Transactions Analysis.
Receivable and Payable Days are calculated based on balances excluding those that are not related to operating activities divided by LTM Revenue and LTM COGS, respectively.
LTM Revenue Multiple valuation metric shows revenue for the past 12-month period.
With such revenues the costs associated with the icebreaker are compensated by the end of its lifecycle, i.e., after Тo ≈ 40 years after the beginning of its operation.
Project Promotion Harris Williams&Co. middle market A - 2 CONFIDENTIAL Comparison of Selected Public Companies Selected Financial Data for Selected Companies ($ in 000s) Size Profitability1 Projected Growth1 Company Market Capitalization2 LTM Revenue LTM Margins Sales EPS EBITDA EBIT 2010E 2011P 2010E 2011P Customer Loyalty/Rewards Providers Alliance Data Systems Corporation $3,271,141 $2,579,865 27.7% 23.1% 40.1% 10.1% 11.7% 19.7% Groupe Aeroplan Inc.
The calculated multiples included enterprise value as a multiple of the target company’s LTM Revenue.
The statement that the Acquisition represents an implied Enterprise Value / LTM Revenue 31 December 2017 multiple for Artilium of 4.3x is calculated by dividing the implied Enterprise Value of the Acquisition of £70.63m by Artilium’s pro forma Revenue for the twelve months ended 31 December 2017 of £16.54m.
Case Revenue Growth - Projected (2) 12.4% 15.4% 15.5% 22.3% LTM Revenue $1,096 $1,131 LTM EBITDA 254 205 % Margin 23.1% 18.2% Street Base Case Acq.
As an expert in financial valuation and analysis, I bring a wealth of knowledge and hands-on experience in deciphering complex financial statements, conducting thorough market assessments, and applying valuation methodologies to derive meaningful insights. My expertise is grounded in a deep understanding of financial modeling, mergers and acquisitions (M&A), and the intricacies of enterprise valuation.
Now, let's delve into the information provided in the article:
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Barclays' Selection of EV / LTM Revenue Range:
- Barclays has chosen a range of 1.25x to 2.00x to EV / LTM (Enterprise Value to Last Twelve Months) Revenue.
- This range is applied to the LTM Revenue for the 12-month period ending on December 31, 2018, based on Maxwell management’s financial projections for Maxwell.
- The objective is to calculate a range of implied prices per share of Maxwell.
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LTM EBITDA Growth:
- The concept of LTM (Last Twelve Months) EBITDA growth is mentioned in relation to the Company 2012 to 2014 and the projected EBITDA CAGR (Compound Annual Growth Rate).
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Company NWC (Net Working Capital) as % of LTM Revenue:
- The article provides information about the Net Working Capital (NWC) as a percentage of LTM Revenue for MindTree Limited.
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Enterprise Value as a Multiple of LTM EBITDA:
- The article discusses the Latest Twelve Months Enterprise Value as a Multiple of LTM EBITDA for various companies, covering years 2015 to 2017.
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Wi-Fi Companies, China Outdoor Advertising Companies, and Aggregate Selected M&A Transactions Analysis:
- The article touches on the analysis of selected M&A transactions within the context of Wi-Fi Companies, China Outdoor Advertising Companies, and an aggregate perspective.
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Receivable and Payable Days Calculation:
- Receivable and Payable Days are calculated based on balances excluding those not related to operating activities. They are divided by LTM Revenue and LTM COGS (Cost of Goods Sold), respectively.
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LTM Revenue Multiple Valuation Metric:
- The LTM Revenue Multiple valuation metric is mentioned, showing revenue for the past 12-month period.
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Icebreaker Project Cost Compensation:
- A unique concept is introduced where revenues cover the costs associated with an icebreaker by the end of its lifecycle, approximately 40 years after the beginning of its operation.
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Harris Williams&Co. Middle Market Project Promotion:
- Reference is made to Harris Williams&Co. middle market project promotion with a confidentiality level of A - 2.
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Comparison of Selected Public Companies:
- Financial data for selected companies is presented, including market capitalization, LTM Revenue, LTM Margins, Sales, EPS, EBITDA, and EBIT, for the years 2010 and 2011.
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Implied Enterprise Value / LTM Revenue Multiple Calculation:
- The article mentions the statement that the Acquisition represents an implied Enterprise Value / LTM Revenue multiple for Artilium of 4.3x, calculated by dividing the implied Enterprise Value of the Acquisition by Artilium’s pro forma Revenue for the twelve months ended 31 December 2017.
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Case Revenue Growth - Projected:
- The article includes projected revenue growth for a case, providing percentages and actual LTM Revenue and LTM EBITDA figures.
In summary, the article covers a wide array of financial concepts and methodologies related to valuation, mergers and acquisitions, and financial performance analysis of selected companies. The information spans various industries and incorporates both historical and projected financial metrics.
