Fair Value
- Price
- $0.6
- Fair value
- $3.28
- Typical P/S, 20y
- 1.9x
- Revenue/share growth rate
- -0.7%
- Trailing 12M revenue/share
- —
Results are highly cyclical for EVOL, so multiple-based fair value is less reliable here.
| FY | 2002 | 2003 | 2004 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022E | 2023E |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High | — | — | — | 6.14 | 5.24 | 7.49 | 8.35 | 8.28 | 7.72 | 11.19 | 11.38 | 9.98 | 5.92 | 5.70 | 5.80 | 1.43 | 2.48 | 3.94 | — | — |
| Low | — | — | — | 2.40 | 1.56 | 1.69 | 6.02 | 6.06 | 5.22 | 5.57 | 7.78 | 5.30 | 3.85 | 4.05 | 1.11 | 0.71 | 0.60 | 1.74 | — | — |
| Rev/Sh | 2.13 | 3.16 | 2.42 | 3.72 | 3.80 | 3.92 | 3.79 | 2.38 | 2.14 | 2.21 | 2.46 | 2.23 | 2.17 | 2.16 | 2.71 | 2.14 | 2.14 | 2.23 | 1.87E | 1.75E |
| Chg/Yr | — | +48% | -24% | +54% | +2% | +3% | -3% | -37% | -10% | +3% | +11% | -9% | -3% | -0% | +26% | -21% | +0% | +5% | -16% | -7% |
| Div | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.15 | 4.00 | 0.36 | 0.42 | 0.44 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
How these numbers are calculated
Fair value (1.9x sales) multiplies each year's revenue per share by the price-to-sales ratio investors have typically paid for EVOL — the median of the last 20 fiscal years' average price over that year's revenue per share. The line extends forward with analyst revenue estimates (dashed).
Revenue comes from reported quarters; share counts come from market value divided by the share price, so buybacks and splits are handled correctly. The verdict calls a stock over- or undervalued only when the price sits more than 10% from the line. Analyst estimates for this listing are published in its home currency; they are converted to the reported basis using the historical relationship between the two.
