Question
4. The firm-level FCF of New Media Inc. is estimated to be $9.8 million in 2016E. In 2016 it is expected to have 2.1 million
4. The firm-level FCF of New Media Inc. is estimated to be $9.8 million in 2016E. In 2016 it is expected to have 2.1 million shares outstanding. Using a relative valuation approach and the information below, what is the estimated price of a share of New Media Inc Stock.
$175.10
$56.48
$60.20
$126.42
MSs, except per share data Media & Entertainment CBS Corp Walt Disney Company Discovery Communications 21st Centuy Fox Scripps Networks Interactive Time Warner Inc Viacom Inc Media Avg 2015E 2016E F12M 18.9x 10.4x 13.2x 31.1x 24.2x24.3x 15.1x 13.2x 3.x 17.7x 13.4x170x 9.4x 13.9x 13.9x15.6x 76x 6.9x 17.0x 2.94.3x 8.0x 8.5x 7.0xStep by Step Solution
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Finance And Democracy Towards A Sustainable Financial System
Authors: Alessandro Vercelli
1st Edition
3030279111, 978-3030279110
