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A) Based on P/E ratios, provide a fair point estimate of Officeworks's share price under the valuation by multiples approach. Share price $ $ .

A) Based on P/E ratios, provide a fair point estimate of Officeworks's share price under the valuation by multiples approach.

Share price $$ . (Round to two decimal places.)

B) What price range for shares of Officeworks would you expect based on the P/E ratios in the above table?

Range of prices:

Highest Price $$ . (Round to two decimal places.)

Lowest Price $$ . (Round to two decimal places.)

C) Based on EV-to-EBITDA ratios, provide a fair point estimate of Officeworks's share price under the valuation by multiples approach.

Share price $$ . (Round to two decimal places.)

D) What price range for shares of Officeworks would you expect based on the EV/EBITDA ratios in the above table?

Range of prices:

Highest Price $$ . (Round to two decimal places.)

Lowest Price $$ . (Round to two decimal places.)


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Suppose that in September 2021, Officeworks had EPS of S2.5 and a book value of equity of S12 per share. It had sales of $4, 150 million EBITDA of $610 million, excess cash of $150 million $696 million of debt and 106 million shares outstanding, The following table summarizes valuation metrics of comparable firms in the Australian retailing industry (excluding Officeworks). Maximu and minimum are given as deviations from average values: P/E Price/Book Enterprise Value/Sales Enterprise Value/EBITDA Average 16.21 1.85 1.3 8.1 Maximum 14.0% 43.0% 73.0% 16.0% Minimum - 6.0% - 48.0% -62.0% 26.0% A) Based on P/E ratios, provide a fair point estimate of Officeworks's share price under the valuation by multiples approach Share price $ (Round to two decimal places.) B) What price range for shares of Officeworks would you expect based on the P/E ratios in the above table? Range of prices: Highest Price $ (Round to two decimal places.) Lowest Price S (Round to two decimal places.) Suppose that in September 2021, Officeworks had EPS of $2.5 and a book value of equity of $12 per share. It had sales of $4, 150 million EBITDA of $610 million, excess cash of $ 150 million, $696 million of debt and 106 million shores outstanding, The following table summarizes valuation metrics of comparable firms in the Australian retailing industry (excluding Officeworks), Maximu and minimum are given as deviations from average values: P/E Price/Book Enterprise Value/Sales Enterprise Value/EBITDA Average 16.21 1.85 1.3 8,1 Maximum 14.0% 73.0% 16.0% 43.0% - 48.0% Minimum - 6.0% - 62.0% 26.0% A) Based on P/E ratios, provide a fair point estimate of Officeworks's share price under the valuation by multiples approach. Share price $ (Round to two decimal places.) B) What price range for shares of Officeworks would you expect based on the P/E ratios in the above table? Range of prices Highest Prices (Round to two decimal places.) Lowest Price s (Round to two decimal places.)

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