Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

BMK Enterprises has EBITDA of $15 million, Cash of $20 million, and Debt of $50 million along with 4.5 million shares outstanding. You collect the

BMK Enterprises has EBITDA of $15 million, Cash of $20 million, and Debt of $50 million along with 4.5 million shares outstanding. You collect the following data on three comparable companies:

Comp 1 Comp 2 Comp 3
EV $1,250 $5,520 $3,975
EBITDA -$85 $415 $328

Use this data to estimate the share price of BMK.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Core Concepts

Authors: Raymond M Brooks

3rd edition

133866696, 978-0133866698

More Books

Students also viewed these Finance questions