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As of Q4'25, CMG's EV/EBITDA ratio has surged dramatically to 110.48, marking a significant spike compared to the previous quarter's value of 19.96. This latest data point represents the highest level observed in the reported period from Q1'23 to Q4'25. Throughout the period, the EV/EBITDA ratio exhibited considerable volatility, with values generally ranging between 27.56 and 43.77, except for a sharp decline to 19.96 in Q3'25 and the extraordinary jump to 110.48 in Q4'25. The trend suggests a relatively stable valuation until late 2025, when a sudden and substantial increase occurred, indicating a potential one-off event or significant market shift impacting CMG's enterprise value or EBITDA.