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After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios: Comp 1 Comp 2 Comp 3 Comp

After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios:

Comp 1

Comp 2

Comp 3

Comp 4

EV/EBITDA

12

11

12.5

10

P/E

19

18

20

17

EJH Enterprises has EPS of

$2.00,

EBITDA of

$295

million,

$30

million in cash,

$44

million in debt, and

105

million shares outstanding. What range of prices is consistent with both sets of multiples?

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