Cheezy Crispy Sales $24 $41 Net Inc. $3.7 $4.3 Price $18 $22 Share outstanding 8 12 You are asked to value the shares of Salty Ltd, a chain of fine dining restaurants. Because of lack of data, you can't perform discounted cash flow analysis but you have gathered information on two publicly-traded comparable companies. The data are shown above (in millions). Over the past twelve months, Salty has sales of 30 million and net income of 4 million. It has 10 million shares outstanding. Use valuation by comparables to find price range for one share of Salty Ltd