Company Dexter and Company Aqua both have the same enterprise value, EBITDA, and the same EBITDA growth expectations. However, Company B requires a higher level of capital expenditures to achieve the same level of growth expectations. They are identical otherwise. Based on the above which is correct?

Group of answer choices

Company Dexter is undervalued relative to Company Aqua

Company Aqua is undervalued relative to Company Dexter

Both companies have identical EV/EBIT multiples

Both of their valuations are appropriate