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Ivanhoe Corporation is a private company that had EBIT of $197 million and depreciation and amortization of $23 million in the most recent fiscal year.
Ivanhoe Corporation is a private company that had EBIT of $197 million and depreciation and amortization of $23 million in the most recent fiscal year. At the end of that year, a similar, public firm has an Enterprise Value/EBITDA multiple of 4.6. What is the implied enterprise value of Ivanhoe? (Round answer to 2 decimal places, e.g. 52.27.)
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