Using the industry peer median EV/Revenue multiple (trailing + forward), Cannae Holdings, Inc. (CNNE) has a fair value of $8.49 based on 9 comparable companies in the Restaurants industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| Cannae Holdings, Inc.CNNE | 802 | 2.2x | 1.9x |
| LGI Homes, Inc. | 1,084 | 1.6x | 1.2x |
| Biglari Holdings Inc. | 963 | 2.7x | 1.2x |
| Aeva Technologies, Inc. | 854 | 48.9x | 26.9x |
| Sweetgreen, Inc. | 816 | 1.6x | 1.5x |
| SUPER HI INTERNATIONAL HOLDING Ltd. American Depositary Shares | 789 | 1.0x | 1.1x |
| Fox Factory Holding Corp. | 746 | 1.0x | 1.1x |
| First Watch Restaurant Group, Inc. | 746 | 1.2x | 1.1x |
| Cracker Barrel Old Country Store, Inc. | 704 | 0.5x | 0.5x |
| LiveWire Group, Inc. | 338 | 12.9x | 7.1x |
| Industry Median | 1.6x | 1.2x | |
| (*) Revenue | 424 | 492 | |
| = Enterprise Value | 666 | 594 | |
| (-) Net Debt | 150 | 150 | |
| Equity Value | 516 | 444 | |
| (/) Outstanding shares | 57 | 57 | |
| Fair Price | $9 | $8 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.