Question
Estimate the per share value of Bristol-Myers Squibb (BMY) common stock using the EV/EBITDA model . The analyst consensus EBITDA forecast for the next fiscal
Estimate the per share value of Bristol-Myers Squibb (BMY) common stock using the EV/EBITDA model. The analyst consensus EBITDA forecast for the next fiscal year is $7,507.7 million. Debt is $7,307.0 million and number of shares outstanding is 1,632.2 million. Other necessary information can be obtained from the table shown below
Bristol-Myers Squibb | ||||
Enterprise | Enterprise | Enterprise | Total Debt/ | |
Company | Value/ | Value/ | Value/ | Enterprise |
Name | Sales | EBIT | EBITDA | Value |
Bristol-Myers Squibb | 3.76x | 19.17x | 16.39x | 8.82% |
Average | 4.96x | 20.31x | 14.49x | 12.47% |
Median | 4.96x | 20.11x | 15.23x | 11.49% |
Pfizer | 5.00x | 17.80x | 12.52x | 15.38% |
Eli Lilly | 4.96x | 20.11x | 15.71x | 10.54% |
Merck | 4.92x | 23.03x | 15.23x | 11.49% |
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