Somnigroup International Inc (SGI)

Industry: Household & Personal Products 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
ESSITY-A.ST	11	Essity AB (publ)	15,225	13.71	13.23	7.94	7.87	10.28	11.04
KVUE	12	Kenvue Inc.	15,006	21.87	21.87	13.32	13.32	15.57	16.59
EL	13	The Estée Lauder	14,442	-	-	86.55	113.57	57.74	-
4452.T	14	Kao Corporation	10,731	24.59	24.95	11.66	11.81	16.16	19.00
NWL	15	Newell Brands Inc.	7,256	-	-	12.03	12.03	15.08	22.44
HINDUNILVR.BO	16	Hindustan Unilever	7,110	54.25	49.69	36.58	33.60	43.62	40.88
GALD.SW	17	Galderma Group N	6,979	91.04	91.04	30.23	30.23	28.09	44.20
SGI	18	Somnigroup Interna	6,816	56.16	56.16	22.98	5.01	15.81	31.17
0I0J.L	19	The Clorox Company	6,771	19.12	20.60	13.54	14.27	36.65	19.10
1044.HK	20	Hengan Internation	6,535	4.46	4.60	2.91	3.00	3.36	3.26
0R13.L	21	Church & Dwight Co	6,141	27.34	27.32	16.81	16.40	22.87	21.66
4911.T	22	Shiseido Company,	6,005	-	-	32.25	35.32	-	78.72
0I4A.L	23	Coty Inc.	5,799	-	-	29.46	29.46	10.87	42.72
3331.HK	24	Vinda Internationa	5,066	28.57	29.25	7.85	6.84	38.11	31.78
4137.TW	25	Chlitina Holding L	4,635	21.34	25.28	8.24	9.01	14.57	18.06
NATU3.SA	26	Natura & Co Holdin	4,568	-	-	12.43	15.68	21.25	11.35

Line Item	Trailing P/E	Forward P/E	Trailing EV/EBITDA	Forward EV/EBITDA	Trailing EV/EBIT	Forward EV/EBIT
Winsorized Median Multiple	21.87	24.95	12.43	13.32	15.86	19.05
Full Range Median Multiple	23.23	25.11	13.32	14.27	18.70	20.38
Industry Multiple	30.63	30.78	21.45	23.49	23.87	27.20
Market Implied Multiple	62.60	62.60	25.34	5.52	17.44	34.38
Company (SGI) Multiple	56.16	56.16	22.98	5.01	15.81	31.17
(*) Net Income / EBITDA / Revenue	315	315	858	3,936	1,246	632
Winsorized Enterprise Value	N/A	N/A	10,665	52,410	19,772	12,044
Full Range Median Enterprise Value	N/A	N/A	11,423	56,165	23,313	12,885
(-) Net Debt	2,009	2,009	2,009	2,009	2,009	2,009
Winsorized Equity Value	6,894	7,863	8,655	50,401	17,762	10,035
Full Range Median Equity Value	7,322	7,915	9,414	54,155	21,304	10,876
(/) Shares Outstanding	210	210	210	210	210	210
Winsorized Fair Value	$32.84	$37.46	$41.24	$240.12	$84.62	$47.81
Full Range Median Fair Value	$34.88	$37.71	$44.85	$258.01	$101.49	$51.81
Current Price	$94.00	$94.00	$94.00	$94.00	$94.00	$94.00
Upside / Downside	-65.06%	-60.15%	-56.13%	155.45%	-9.98%	-49.14%
Safety Margin	30.0%	30.0%	30.0%	30.0%	30.0%	30.0%
Buy Price	$22.99	$26.22	$28.86	$168.08	$59.24	$33.47
Buy / Don't Buy	Don’t Buy	Don’t Buy	Don’t Buy	BUY	Don’t Buy	Don’t Buy