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A private firm has EBITDA of $6 million. A similar, publicly-traded firm has an enterprise multiple, EM, of 10. Using this comp, estimate the share
A private firm has EBITDA of $6 million. A similar, publicly-traded firm has an enterprise multiple, EM, of 10. Using this comp, estimate the share price of the private firm if they have debt of $25 million, preferred stock of $5 million, excess cash of $5 million and 1 million shares of stock. What should the share price be? $9.95 $21 $67.50 $35 $53
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