A sample of recently completed transactions yields the following:

Average Enterprise Value $30 million

Average price to earnings ratio 15 times

Average price to sales ratio 0.8 times

Average EV to EBITDA ratio 9.0 times

Average control premium 20%

XYZ (a privately held company) is expected to report the following (in millions)

Total revenues $18.0

EBITDA 4.0

Net Earnings 1.8

Net Debt $ 9.0

Use the above information to estimate the fair value of XYZ.