| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| WGO | USLG | LCII | PATK | GM | | THO | |
| NYSE:WGO | OTCPK:USLG | NYSE:LCII | NasdaqGS:PATK | NYSE:GM | | NYSE:THO | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 8.4% | 8.4% | 9.5% | 9.7% | 6.4% | | 5.0% | |
| 3Y CAGR | -6.4% | 338.5% | -5.8% | -3.1% | 13.9% | | -6.6% | |
| Latest Twelve Months | -14.1% | -70.3% | -1.2% | 7.1% | 9.1% | | -8.5% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 8.4% | -574.6% | 7.5% | 8.1% | 7.1% | | 6.1% | |
| Prior Fiscal Year | 8.7% | -160.4% | 3.3% | 7.5% | 5.6% | | 5.3% | |
| Latest Fiscal Year | 4.4% | -29.0% | 5.8% | 6.9% | 6.8% | | 4.2% | |
| Latest Twelve Months | 3.2% | -136.3% | 5.8% | 6.9% | 6.8% | | 3.4% | |
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| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 0.51x | 6.91x | 0.83x | 1.19x | 0.84x | | 0.51x | |
| EV / LTM EBIT | 16.1x | -5.1x | 14.3x | 17.1x | 12.4x | | 15.1x | |
| Price / LTM Sales | 0.34x | 0.67x | 0.61x | 0.79x | 0.28x | | 0.45x | |
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| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.51x | 0.84x | 6.91x | | | | | |
| Historical EV / LTM Revenue | 0.39x | 0.63x | 0.94x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 0.58x | 0.61x | 0.64x | | | | | |
| (x) LTM Revenue | 9,496 | 9,496 | 9,496 | | | | | |
| (=) Implied Enterprise Value | 5,475 | 5,763 | 6,051 | | | | | |
| (-) Non-shareholder Claims * | (565) | (565) | (565) | | | | | |
| (=) Equity Value | 4,910 | 5,198 | 5,486 | | | | | |
| (/) Shares Outstanding | 53.2 | 53.2 | 53.2 | | | | | |
| Implied Value Range | 92.28 | 97.70 | 103.11 | | | | | |
| FX Rate: USD/USD | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 92.28 | 97.70 | 103.11 | | 80.13 | | | |
| Upside / (Downside) | 15.2% | 21.9% | 28.7% | | | | | |