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Financial information for Dell and Apple (as of 12/31/2019) Dell Apple Market Price 167.77 230.09 Price/sales 1.36 4.01 Trailing P/E 16.3 19.54 Forward P/E 15.01

Financial information for Dell and Apple (as of 12/31/2019)
Dell Apple
Market Price 167.77 230.09
Price/sales 1.36 4.01
Trailing P/E 16.3 19.54
Forward P/E 15.01 18.06
Enterprise value 94.99 billion 1.04 trillion
Return on assets (ROA) 3.75% 11.99%
Current ratio 2.02 1.5
Payout ratio 28.86% 25.13%
Diluted EPS 10.38 11.78
Earnings before interest, taxes, and depreciation (EBITDA) 6.15 billion 76.54 billion

Use the information above and the market multiples method of valuation to calculate the intrinsic value of Dell based on the growth prospects of Apple, proxied for by using the trailing P/E ratio.

Group of answer choices

A. $213.85/share

B. $142.18/share

C. $202.74/share

D. $94.99/share

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