Tropicana entertainment (tpca) pitch

Page 19

$35.0

$30.0

$29.8

$30.0

$25.0

$21.5

$19.0

tM

Average: $22.7

$13.6

$20.0 $15.0

an ag em en t

Valuation Summary

$17.9

$17.1

Current: $15.0

se

$10.0

As

$5.0

ui

Comps

Replacement Value

52-Week Range

Br

DCF

n

–

Tropicana is an attractive investment offering an average margin of safety of 51% Note: Valuation methods shown on slides 17-18

19


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