Current

% of

Share
Price

52-wk.
High

Enterprise Value /
Equity
Value

Enterprise
Value

LTM

Total

2010
Sales

2011
Sales

2012
Sales

2010
EBITDA

2011
EBITDA

2012
EBITDA

2010
EBIT

2011
EBIT

2012
EBIT

EBITDA
Margin

Debt /
EBITDA

2010
EPS

Price /
2011
EPS

2012
EPS

Company

Ticker

Mainfreight

MFT

$9.86

81%

$967

$1,225

0.6x

0.7x

0.7x

9.8x

11.2x

8.3x

14.0x

14.9x

11.7x

7%

1.9.x

14.4x

28.7x

12.8x

FedEx Co
CH Robinson
Asciano Limited
UTi Worldwide
Norbert Dentressangle

FDX
CHRW
AANOF
UTIW
GND

$99.65
$59.11
$5.18
$15.75
$59.47

30%
33%
11%
3%
9%

$31,589
$9,517
$5,051
$1,638
$595

$33,256
$9,771
8,034.50
$1,928
$1,339

1.0x
1.1x
2.8x
0.4x
0.5x

0.8x
0.9x
2.6x
0.4x
0.4x

0.8x
0.9x
2.3x
0.4x
0.3x

8.5x
15.0x
10.4x
9.7x
6.0x

7.7x
13.5x
9.6x
9.2x
5.3x

6.3x
13.7x
8.6x
38.6x
5.3x

16.6x
15.7x
11.1x
15.7x
13.0x

14.0x
14.1x
9.8x
14.9x
10.5x

10.4x
14.5x
8.7x
NA
9.6x

12%
6%
27%
1%
7%

0.3.x
0.4.x
3.2.x
5.8.x
2.9.x

26.5x
25.4x
NA
23.2x
10.2x

21.8x
22.6x
28.8x
22.5x
9.2x

15.5x
16.1x
20.7x
NA
7.7x

Mean
Median

1.1x
0.8x

1.0x
0.8x

0.9x
0.7x

9.9x
9.7x

9.4x
9.4x

13.4x
8.4x

14.3x
14.8x

13.1x
14.0x

11.0x
10.4x

0.1x
0.1x

2.4x
2.4x

19.9x
23.2x

22.3x
22.5x

14.6x
15.5x

High
Low

2.8x
0.4x

2.6x
0.4x

2.3x
0.3x

15.0x
6.0x

13.5x
5.3x

38.6x
5.3x

16.6x
11.1x

14.9x
9.8x

14.5x
8.7x

0.3x
0.0x

5.8x
0.3x

26.5x
10.2x

28.8x
9.2x

20.7x
7.7x