Graco Inc. (GGG)

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
600499.SS	101	Keda Industrial Gr	2,362	16.05	7.14	9.94	7.45	12.92	7.33
WTS	102	Watts Water Techno	2,354	28.51	23.24	17.95	15.23	19.85	17.69
6481.T	103	THK Co., Ltd.	2,286	70.48	70.48	11.30	9.97	25.45	16.19
DEZ.DE	104	Deutz AG	2,284	44.49	44.49	10.93	9.99	15.11	51.68
CR	105	Crane Company	2,268	28.99	16.46	21.98	21.91	21.58	16.49
6457.T	106	Glory Ltd.	2,239	17.52	15.54	4.57	4.06	25.77	6.97
ENOV	107	Enovis Corporation	2,233	-	-	-	-	-	-
GGG	108	Graco Inc.	2,192	28.19	25.48	19.66	18.02	22.37	21.08
SPXC	109	SPX Technologies,	2,162	39.41	33.79	20.02	15.97	23.37	21.69
002204.SZ	110	Dalian Huarui Heav	2,144	20.68	13.03	18.02	17.40	30.50	17.60
FELE	111	Franklin Electric	2,110	30.44	28.01	17.43	15.78	13.14	14.83
002430.SZ	112	Hangzhou Oxygen Pl	2,099	23.58	22.24	12.66	11.71	16.54	18.44
ROR.L	113	Rotork plc	2,015	12.51	12.27	7.49	7.31	10.40	8.68
6268.T	114	Nabtesco Corporati	2,009	25.07	25.88	10.23	10.41	23.24	19.87
6508.T	115	Meidensha Corporat	2,005	14.51	12.27	7.98	7.29	28.08	11.05
AIMC	116	Altra Industrial M	1,946	30.86	25.76	13.67	10.93	23.71	16.06

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	24.32	19.35	11.12	10.20	20.71	16.12
Full Range Median Multiple	26.79	22.74	11.98	10.67	22.41	16.34
Industry Multiple	28.79	25.04	13.15	11.82	20.69	17.47
Market Implied Multiple	29.26	26.45	20.43	18.74	23.26	21.91
Company (GGG) Multiple	28.19	25.48	19.66	18.02	22.37	21.08
(*) Net Income / EBITDA / Revenue	498	551	686	748	603	640
Winsorized Enterprise Value	N/A	N/A	7,625	7,630	12,484	10,311
Full Range Median Enterprise Value	N/A	N/A	8,218	7,983	13,504	10,449
(-) Net Debt	-555	-555	-555	-555	-555	-555
Winsorized Equity Value	12,115	10,661	8,180	8,186	13,039	10,867
Full Range Median Equity Value	13,344	12,530	8,774	8,538	14,060	11,005
(/) Shares Outstanding	166	166	166	166	166	166
Winsorized Fair Value	$73.10	$64.33	$49.36	$49.39	$78.68	$65.57
Full Range Median Fair Value	$80.52	$75.60	$52.94	$51.52	$84.83	$66.40
Current Price	$87.92	$87.92	$87.92	$87.92	$87.92	$87.92
Upside / Downside	-16.85%	-26.84%	-43.86%	-43.82%	-10.51%	-25.42%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$51.17	$45.03	$34.55	$34.57	$55.07	$45.90
Buy / Don't Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy