Suppose that in July 2022, Nike had EBITDA of ($6,675) million, excess cash of ($12,997 million,) ($12,627)

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Suppose that in July 2022, Nike had EBITDA of $$6,675$ million, excess cash of $$12,997 million,$ $$12,627$ million of debt, and 1573.8 million shares outstanding.

a. Using the average enterprise value to EBITDA multiple in Table 10.1, estimate Nike’s share price.

b. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in Table 10.1?

Table 10.1

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Fundamentals Of Corporate Finance

ISBN: 9780137852581

6th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Question Posted: Apr 08, 2024 04:00 AM

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Suppose that in July 2022, Nike had EBITDA of ($6,675) million, excess cash of ($12,997 million,) ($12,627)

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Fundamentals Of Corporate Finance

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