Valuation Analysis

AG

Valuation Analysis

Detailed breakdown of valuation methodologies and assumptions.

2011 EBITDA
$204.26
Million USD
Industry Multiple
6.13x
Avg (excl. outliers)
Implied Share Price
$28.78
130.0%Upside
Comparable Companies Analysis
EBITDA multiples of peer group companies
CompanyShare PriceEnterprise Value ($M)EBITDA ($M)EV/EBITDA
Blyth$56.80567.9648.4311.73x
Consolidated Graphics$48.28691.72122.455.65x
CSS Industries$19.92193.8229.776.51x
Deluxe$22.761,900.88359.215.29x
Lancaster Colony$69.341,890.21155.5212.15x
Meredith$32.651,712.39239.967.14x
Scholastic$29.971,145.07189.306.05x
Industry Average (Adj.)---6.13x
American Greetings$12.51714.02204.263.50x