| Select LTM Revenue Multiple | | | | | | | | |
| | | | | | | | |
| Benchmark Companies | | | |
| BALL | CCK | BERY | ATR | SEE | | SON | |
| NYSE:BALL | NYSE:CCK | NYSE:BERY | NYSE:ATR | NYSE:SEE | | NYSE:SON | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 0.6% | 4.3% | 6.7% | 4.6% | 2.4% | | -0.3% | |
| 3Y CAGR | -5.1% | 1.2% | -4.0% | 3.5% | -0.9% | | -1.7% | |
| Latest Twelve Months | -2.2% | -1.7% | 3.1% | 2.7% | -1.8% | | -2.5% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 9.9% | 8.4% | 9.6% | 12.4% | 16.0% | | 8.0% | |
| Prior Fiscal Year | 9.7% | 11.0% | 9.3% | 12.9% | 15.0% | | 10.3% | |
| Latest Fiscal Year | 10.0% | 12.3% | 9.2% | 14.3% | 14.9% | | 9.8% | |
| Latest Twelve Months | 10.0% | 12.3% | 9.2% | 14.3% | 14.9% | | 9.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 1.65x | 1.38x | 1.27x | 2.93x | 1.55x | | 2.18x | |
| EV / LTM EBIT | 16.5x | 11.2x | 13.8x | 20.5x | 10.4x | | 22.2x | |
| Price / LTM Sales | 1.23x | 0.87x | 0.65x | 2.73x | 0.78x | | 0.87x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 1.27x | 1.55x | 2.93x | | | | | |
| Historical EV / LTM Revenue | 1.29x | 1.32x | 2.18x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 1.75x | 1.84x | 1.93x | | | | | |
| (x) LTM Revenue | 5,305 | 5,305 | 5,305 | | | | | |
| (=) Implied Enterprise Value | 9,287 | 9,776 | 10,265 | | | | | |
| (-) Non-shareholder Claims * | (5,431) | (5,431) | (5,431) | | | | | |
| (=) Equity Value | 3,856 | 4,345 | 4,834 | | | | | |
| (/) Shares Outstanding | 98.6 | 98.6 | 98.6 | | | | | |
| Implied Value Range | 39.10 | 44.06 | 49.01 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 39.10 | 44.06 | 49.01 | | 46.70 | | | |
| Upside / (Downside) | -16.3% | -5.7% | 5.0% | | | | | |