Daou Technology Inc. (023590.KS)

Industry: Information Technology Services Model: Peers Multiples Valuation

Valuation Snapshot

Ticker	Rank	Name	Rev TTM (M)	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
LDOS	12	Leidos Holdings, I	17,332	17.80	15.07	12.45	10.91	13.68	12.22
KD	13	Kyndryl Holdings,	15,009	12.20	12.20	5.89	5.89	19.51	19.61
HCLTECH.BO	14	HCL Technologies L	13,599	22.00	20.62	14.94	14.12	16.46	16.53
DXC	15	DXC Technology Com	12,714	6.48	6.48	2.43	2.43	11.07	6.67
REDINGTON.BO	16	Redington Limited	11,973	12.82	10.15	9.98	8.57	10.96	4.49
GIB	17	CGI Inc.	11,541	16.68	15.43	10.91	10.36	5.88	8.54
FIS	18	Fidelity National	10,682	227.75	227.75	13.31	13.67	25.77	24.41
023590.KS	19	Daou Technology In	10,530	3.56	3.25	16.48	14.56	16.17	17.86
032190.KQ	20	Daou Data Corp.	10,433	3.98	3.37	13.98	11.05	15.60	18.42
WIPRO.BO	21	Wipro Limited	9,923	18.54	17.33	11.43	10.59	16.74	15.63
CNXC	22	Concentrix Corpora	9,721	10.57	8.88	9.28	8.59	13.30	11.07
0O1S.L	23	Alten S.A.	9,685	6.62	5.55	3.09	2.48	4.88	3.90
018260.KS	24	Samsung SDS Co.,Lt	9,507	16.43	15.20	5.73	5.33	12.67	12.41
CACI	25	CACI International	8,859	21.75	20.18	13.88	12.53	16.53	16.00
SAIC	26	Science Applicatio	7,350	11.80	10.49	6.79	6.53	8.79	8.00
0A6Y.L	27	Xerox Holdings Cor	6,607	-	-	49.44	78.91	-	-

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	12.51	11.34	9.98	8.59	12.98	11.64
Full Range Median Multiple	14.62	13.64	10.91	10.36	13.49	12.31
Industry Multiple	28.96	27.76	12.24	13.46	13.70	12.71
Market Implied Multiple	3.87	3.53	16.56	14.63	16.24	17.94
Company (023590.KS) Multiple	3.56	3.25	16.48	14.56	16.17	17.86
(*) Net Income / EBITDA / Revenue	301	330	1,134	1,284	1,156	1,047
Winsorized Enterprise Value	N/A	N/A	11,318	11,030	15,013	12,190
Full Range Median Enterprise Value	N/A	N/A	12,382	13,294	15,596	12,890
(-) Net Debt	17,621	17,621	17,621	17,621	17,621	17,621
Winsorized Equity Value	3,764	3,747	-6,303	-6,591	-2,608	-5,431
Full Range Median Equity Value	4,400	4,504	-5,239	-4,327	-2,025	-4,731
(/) Shares Outstanding	0	0	0	0	0	0
Winsorized Fair Value	$128,778.26	$128,173.36	$-215,619.94	$-225,495.57	$-89,230.54	$-185,783.05
Full Range Median Fair Value	$150,514.33	$154,093.07	$-179,221.03	$-148,043.69	$-69,266.99	$-161,839.72
Current Price	$39,850.00	$39,850.00	$39,850.00	$39,850.00	$39,850.00	$39,850.00
Upside / Downside	223.16%	221.64%	-641.08%	-665.86%	-323.92%	-566.21%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$90,144.78	$89,721.35	$-150,933.96	$-157,846.90	$-62,461.38	$-130,048.14
Buy / Don't Buy	BUY	BUY	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy