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Jose Callehandro is researching the relative valuation of two companies, Dou Suin Klein (DSK) and Rolan Mulian Group (RMG). He has gathered relevant information on
Jose Callehandro is researching the relative valuation of two companies, Dou Suin Klein (DSK) and Rolan Mulian Group (RMG). He has gathered relevant information on the companies in the following table, EBITDA Comparisons (in Millions except Per- Share and Share - Count Data) DSK RMG Company 131.48 135.7 Price per share 3 million 5 million Shares outstanding 35.32 42.1 Market value of debt 110.03 105.39 Book value of debt 3.8 5.84 Cash and investments 16.02 17.46 Net income 8.01 41.8 Net income from continuing operations 5.35 2.47 Interest expense 7.25 3.16 Depreciation and amortization 2.7 3.74 Taxes Using the information in the table, calculate EV/EBITDA for RMG. Round your answer to 2 decimal places
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