Question
Apply multiple approach to estimation of the value of stocks for company doing an IPO. What could be suggested IPO share price? The following data
Apply multiple approach to estimation of the value of stocks for company doing an IPO. What could be suggested IPO share price? The following data are available: Company Mert`s equity includes 28% of capital held by controlling shareholders, that is equal to 35 000 shares. Company`s peers and Mert`s financial data:
| Company | Market CAP | Earnings |
| ABC | 980,000 | 50,000 |
| NBV | 890,000 | 37,000 |
| BGT | 910,000 | (23,000) |
| MTY | 767,000 | 32,000 |
| RTB | 823,000 | 28,000 |
| Mert |
| 34,000 |
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Financial Econometrics
Authors: Peijie Wang
1st Edition
0415426693, 978-0415426695
