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A company has $250MM of EBITDA. It grows to $400MM in five years. Each year, you paid down $50MM of debt. Let's say you bought
A company has $250MM of EBITDA. It grows to $400MM in five years. Each year, you paid down $50MM of debt. Let's say you bought the company for 8.0X and sold it for 9.0X.
How much equity value did you create?
How much is attributed to each strategy in creating equity value?
How much equity value did you create?
How much is attributed to each strategy in creating equity value?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
