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A) What is the enterprise value of Walmart? (express answer as xx.xx billion) B) What is the enterprise value/EBITDA multiple for Walmart? C) Based on

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A) What is the enterprise value of Walmart? (express answer as xx.xx billion)

B) What is the enterprise value/EBITDA multiple for Walmart?

C) Based on the EBITDA reported for Target, what is an estimate for Targets enterprise value using Walmarts enterprise value/EBITDA multiple?

D) Using Target's financial data and their implied value using multiples, what is an estimate for their share price?

You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: $258.60 billion Market capitalization of common stock $58.30 billion Market value of debt Cash $9.67 billion $40.87 billion EBITDA Target Statistics: Value: $14.53 billion Market value of debt $1.91 billion Cash $7.97 billion EBITDA Shares Outstanding 0.65 billion

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