Multiples analysis: You are an analyst at a company that buys private companies,

improves their operating performance, and sells them for a profit. Your boss has

asked you to estimate the fair market value of the Jackson Tools Ltd$.$ Henry's

Tools is a public company with business operations that are virtually identical to

those at Jackson. The most recent statement of profit or loss and other

comprehensive income for Henry$$s Tools is as follows:

Revenue: $1764$

Cost of sales: $1168$

Gross profit: $596$

Selling, general, and administrative expenses: $211$

Ebit: $385$

Interest expense: $12$

Earnings before tax: $373$

Tax: $147$

Profit: $226$

All dollar values are in millions. Henry$$s had depreciation and amortisation expenses

of $$71$ million last year and $175$ million shares and $$600$ million of debt outstanding

as of the end of the year. Its share is currently trading at $$15\mathrm{.}50$ per share.

Using the P$/$E multiple, what is the value of Jackson$$s shares? What is the total

value of JacksonTools Ltd$?$