I would like to extract out to a variable and remove the double ternaries. How could i refactor this code?

{text?.value?.indexOf('{{countdown}}') > -1 ? (
  text?.value?.replace('{{countdown}}', countdown)
  ) : text.url ? (
  <a className='normal-case mx-1' href={text.url}>
    {text?.value}
  </a>
  ) : (
  text?.value
)}