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A target company reports EBIT of $125 million, depreciation and amortisation of $19 million, short-term and long-term debt of $334 million and cash of $55
A target company reports EBIT of $125 million, depreciation and amortisation of $19 million, short-term and long-term debt of $334 million and cash of $55 million. What is the fair value of equity in the target company if four comparable publicly-listed companies are trading at EV/EBITDA multiples of 7.5, 7.8, 6 and 7.7?
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