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A company has 127 million shares trading at $10.49 per share. The balance sheet shows debt of $745 million and cash of $76 million. The
A company has 127 million shares trading at $10.49 per share. The balance sheet shows debt of $745 million and cash of $76 million. The income statement reports a gross profit of $508 million, operating expenses on $272 million (including depreciation and amortization of $35 million) and net interest expense of $20 million . What is the company's EV/EBIT ratio (to one decimal place)
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