Service Corporation International (SCI)

Industry: Personal Products & 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
PUIG.MC	1	Puig Brands S.A.	8,324	11.72	11.72	9.52	9.52	8.24	11.60
SCI	2	Service Corporatio	4,291	22.12	21.49	13.43	12.86	18.35	16.58
0HOB.L	3	H&R Block, Inc.	3,771	10.86	10.86	8.58	6.45	-	6.22
ROL	4	Rollins, Inc.	3,680	55.18	47.70	34.79	30.60	32.50	37.07
GGPS3.SA	5	GPS Participaçõe	3,072	19.26	19.26	6.46	6.46	10.35	11.42
BFAM	6	Bright Horizons Fa	2,873	30.97	25.25	19.20	17.03	16.22	20.09
DSEY	7	Diversey Holdings,	2,802	-	-	26.50	26.50	-	-
TMX	8	Terminix Global Ho	2,094	78.53	101.29	30.33	35.04	44.31	44.24
FTDR	9	Frontdoor, Inc.	2,042	18.83	16.36	11.71	10.40	8.90	11.95
CVSG.L	10	CVS Group plc	1,766	22.42	17.50	5.05	3.57	7.69	5.20
MCW	11	Mister Car Wash, I	1,042	18.93	18.93	9.58	9.58	12.76	13.87
CWC.DE	12	CEWE Stiftung & Co	1,013	12.22	11.05	4.70	4.55	-	2.21
DTY.L	13	Dignity plc	891	3.05	2.89	1.52	1.41	2.02	1.97
WW	14	WW International,	719	0.25	0.15	0.09	0.06	3.32	2.10
XPS.L	15	XPS Pensions Group	577	2.80	2.80	8.06	6.21	7.81	8.43
MUSTI.HE	16	Musti Group Oyj	577	-	-	15.76	15.02	84.76	141.76

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	12.22	11.72	8.58	6.46	8.57	9.92
Full Range Median Multiple	18.83	16.36	9.52	9.52	9.62	11.51
Industry Multiple	21.92	21.98	12.79	12.16	19.91	22.72
Market Implied Multiple	22.05	21.42	13.40	12.83	18.31	16.54
Company (SCI) Multiple	22.12	21.49	13.43	12.86	18.35	16.58
(*) Net Income / EBITDA / Revenue	535	550	1,237	1,292	906	1,002
Winsorized Enterprise Value	N/A	N/A	10,611	8,347	7,761	9,942
Full Range Median Enterprise Value	N/A	N/A	11,781	12,301	8,713	11,534
(-) Net Debt	4,788	4,788	4,788	4,788	4,788	4,788
Winsorized Equity Value	6,532	6,450	5,823	3,559	2,973	5,154
Full Range Median Equity Value	10,067	9,002	6,993	7,512	3,925	6,746
(/) Shares Outstanding	142	142	142	142	142	142
Winsorized Fair Value	$45.97	$45.39	$40.98	$25.05	$20.92	$36.27
Full Range Median Fair Value	$70.84	$63.35	$49.21	$52.87	$27.62	$47.47
Current Price	$82.97	$82.97	$82.97	$82.97	$82.97	$82.97
Upside / Downside	-44.59%	-45.29%	-50.61%	-69.81%	-74.78%	-56.29%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$32.18	$31.77	$28.68	$17.53	$14.65	$25.39
Buy / Don't Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy	Don’t Buy