Value-Creation Simulator

Pick a scenario or pull the levers — see profit, cash, leverage, covenant headroom and enterprise value move in real time, then stress-test it with AI.

Legrand Group · FY26 (modeled)

Global leader in wiring devices (20%+ share)

39,000 employees · 35+ US sites · 90 countries

Scenarios

Pull the levers

Collect faster (DSO)

High6d

One-time working-capital release+$146.3M cash

Lift recurring mix

Med3pt

Shift project work to annuity (~8pt margin premium)+$21.4M EBITDA

Capture cross-sell

Med25%

of $3.50B whitespace → $875.0M revenue+$218.8M EBITDA

Operational gains

High1pt

SG&A synergy · utilization · first-time-fix+$97.8M EBITDA

EV / EBITDA multiple

Market12x

Valuation lens for the Board / PE owner

Recurring carries ~8pt EBITDA premium · cross-sell at 25% incremental margin, 60% recurring · DSO release is one-time working capital · EV at the chosen multiple. Illustrative model on modeled baseline figures.

Enterprise value

$26.89B+$4.05B

from $22.84B baseline · at 12× EBITDA

Rule of 40 (growth + margin)39 → 51

white line = 40, the healthy-platform threshold

Cash freed

$146M

one-time, from −6d DSO

Lands in 0–6 months · funds the next acquisition with no new sales.

EBITDA bridge · $1.90B → $2.24B+$338M (22.9% margin)

$1.90B

+$219M

+$98M

Cross-sell whitespace+$218.8M

Operational gains+$97.8M

Recurring mix shift+$21.4M

Ranked by EBITDA contribution — the top bar is the biggest lever in this scenario. (DSO shows as cash, not EBITDA.)

Baseline → scenario

Metric	Today		Scenario	Δ
Revenue	$8.90B	→	$9.78B
Adj. EBITDA	$1.90B	→	$2.24B
EBITDA margin	21.4%	→	22.9%	+1.5pt
ARR (recurring)	$410M	→	$1.20B	mix 12%
Net leverage	1.30x	→	1.04x	-0.26x
Enterprise value	$22.84B	→	$26.89B	+$4.05B
Rule of 40	39	→	51

Covenant headroom4.46x below the 5.5x ceiling

5.5x covenant

scenario 1.04xtoday 1.30x (line)