A company had total revenues of $71 million, operating margin of 39.3%, and depreciation and amortization expense of $20 million over the trailing twelve months. The company currently has $232 million in total debt and $58 million in cash and cash equivalents. The company's shares are currently trading at $26.5 per share and there are 6 million shares outstanding. What is its EV/EBITDA ratio? Round to one decimal place.

Hint: Equity value = Market capitalization = price x number of shares outstanding