Question
A company expects EPS to be $5 next year. The industry average P/E ratio is 4 and Enterprise multiple is 7.63. The EBITDA for the
A company expects EPS to be $5 next year. The industry average P/E ratio is 4 and Enterprise multiple is 7.63. The EBITDA for the company is $39.37 million. The firm has debt and preferred stock of $4 million and 10 million shares outstanding. What is an estimate of the firm value using the method of comparables for enterprise multiple?
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
