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Consider a company which had revenues of $34 million over the last twelve months. Depreciation and amortization expenses were $9 million. Operating margin was 31.5%.

Consider a company which had revenues of $34 million over the last twelve months. Depreciation and amortization expenses were $9 million. Operating margin was 31.5%. It has $34 million of debt, $5 million in cash, and 6 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 20. How much is each share worth using relative valuation? Round to one decimal place.

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