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Consider the following data, , for the airline industry for April 2019 (EV = enterprise value, Book = equity book value). Suppose Hawaiian Airlines (50)

Consider the following data, image text in transcribed, for the airline industry for April 2019 (EV = enterprise value, Book = equity book value). Suppose Hawaiian Airlines (50) has 50 million shares outstanding. Estimate Hawaiian Airlines' share value using each of the five valuation multiples, based on the median valuation multiple of the other seven airlines shown (excluding Hawaiian Airlines ). image text in transcribed

\begin{tabular}{|l|r|r|r|r|r|r|r|} \hline Company Name & Market Capitalization & Enterprise Value (EV) & EV/Sales & EV/EBITDA & EV/EBIT & P/E & P/ Book \\ \hline Delta Air Lines (DAL) & 39057 & 47060 & 1.1 & 6 & 8.6 & 10.2 & 2.9 \\ \hline American Airlines (AAL) & 15295 & 33745 & 0.8 & 6.3 & 10.5 & 11.2 & 1.3 \\ \hline United Continental (UAL) & 22648 & 32143 & 0.8 & 5.8 & 9.7 & 11 & 2.3 \\ \hline Southwest Airlines (LUV) & 29431 & 29119 & 1.3 & 6.5 & 8.9 & 12.4 & 3 \\ \hline Alaska Air (ALK) & 7236 & 8103 & 1 & 7.7 & 12.3 & 16.6 & 1.9 \\ \hline JetBlue Airways (JBLU) & 5008 & 5791 & 0.8 & 7.3 & 19.2 & 27.7 & 1.1 \\ \hline SkyWest (SKYW) & 3000 & 5471 & 1.7 & 6.7 & 11.3 & 11 & 1.5 \\ \hline Hawaiian (HA) & 1366 & 1575 & 0.6 & 3.4 & 4.8 & 6.1 & 1.4 \\ \hline \end{tabular} Calculate Hawaiian Airlines' share values using each of the five valuation multiples below: (Round the median to two decimal places. Round the share price to the nearest cent. Round the EV and market cap to the nearest integer.)

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