CSW Industrials, Inc. (CSWI)

Industry: Industrial - Machinery 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
009450.KS	193	Kyung Dong Navien	1,003	8.61	6.87	3.40	2.57	5.97	6.13
PFV.DE	194	Pfeiffer Vacuum Te	1,001	51.03	53.18	15.81	14.92	27.61	33.17
002645.SZ	195	Jiangsu Huahong Te	992	-	-	43.14	43.73	20.36	-
603194.SS	196	Zhejiang E-P Equip	987	20.63	20.63	17.25	17.25	16.05	17.44
6407.T	197	CKD Corporation	980	14.66	12.01	7.40	6.46	11.01	8.61
603100.SS	198	Chongqing Chuanyi	974	16.51	13.81	18.46	15.60	18.91	11.71
603169.SS	199	Lanzhou LS Heavy E	965	148.74	148.74	56.66	56.50	-	244.33
CSWI	200	CSW Industrials, I	965	35.42	28.70	21.63	16.95	22.52	22.18
0QQF.L	201	Mikron Holding AG	953	4.47	4.47	2.61	1.72	2.72	1.43
SCANFL.HE	202	Scanfil Oyj	937	17.13	17.70	8.75	8.41	13.07	12.69
6134.T	203	Fuji Corporation	925	16.18	16.24	9.08	9.71	10.19	10.95
200771.SZ	204	Hangzhou Steam Tur	919	21.51	20.72	20.31	19.87	19.25	15.56
2GB.DE	205	2G Energy AG	910	13.10	8.45	6.87	5.03	4.72	3.67
603218.SS	206	Riyue Heavy Indust	904	27.17	29.71	17.73	19.03	23.56	26.90
MIR	207	Mirion Technologie	902	197.12	197.12	28.28	28.28	186.60	100.43
603337.SS	208	Jack Technology Co	902	24.69	19.76	20.84	17.50	27.47	18.55

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	16.82	16.97	15.81	14.92	14.56	12.20
Full Range Median Multiple	18.88	18.73	17.25	15.60	17.48	14.13
Industry Multiple	41.54	40.67	18.44	17.77	27.68	36.54
Market Implied Multiple	35.66	28.90	21.78	17.06	22.67	22.33
Company (CSWI) Multiple	35.42	28.70	21.63	16.95	22.52	22.18
(*) Net Income / EBITDA / Revenue	144	177	236	302	227	231
Winsorized Enterprise Value	N/A	N/A	3,739	4,503	3,307	2,814
Full Range Median Enterprise Value	N/A	N/A	4,079	4,709	3,970	3,258
(-) Net Debt	29	29	29	29	29	29
Winsorized Equity Value	2,415	3,006	3,710	4,475	3,278	2,786
Full Range Median Equity Value	2,712	3,319	4,050	4,680	3,941	3,230
(/) Shares Outstanding	17	17	17	17	17	17
Winsorized Fair Value	$143.89	$179.11	$221.04	$266.60	$195.31	$165.97
Full Range Median Fair Value	$161.55	$197.71	$241.30	$278.85	$234.82	$192.41
Current Price	$305.10	$305.10	$305.10	$305.10	$305.10	$305.10
Upside / Downside	-52.84%	-41.29%	-27.55%	-12.62%	-35.98%	-45.60%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$100.72	$125.38	$154.73	$186.62	$136.72	$116.18
Buy / Don't Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy