Comp 1 Comp 2 Comp 3 EV/EBITDA 12 11 12.5 10 P/E 19 18 20 17 After researching the competitors of EJH Enterprises, you determine
| Comp 1 | Comp 2 | Comp 3 | |
EV/EBITDA | 12 | 11 | 12.5 | 10 |
P/E | 19 | 18 | 20 | 17 |
After researching the competitors of EJH Enterprises, you determine that most comparable firms have the following valuation ratios: EJH Enterprises has EPS of $1.80, EBITDA of$290 million, $29 million in cash, $41 million in debt, and 104 million shares outstanding. What range of prices is consistent with both sets of multiples?
The range of prices will be:
1) Lowest price within both ranges, the P/E and EV/EBITDA ranges, is _______
(Round to two decimal places.)
2) Highest price within both ranges, the P/E and the EV/EBITDA ranges, is ______
(Round to two decimal places.)
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