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Name Market Capitalization ($ Million) Enterprise Value ($ Million) P/E Price/Book Enterprise Value/Sales Enterprise Value/EBITDA Gannet 6,350 10,163 7.36 0.73 1.40 5.04 New York Times
Name | Market Capitalization ($ Million) | Enterprise Value ($ Million) | P/E | Price/Book | Enterprise Value/Sales | Enterprise Value/EBITDA |
Gannet | 6,350 | 10,163 | 7.36 | 0.73 | 1.40 | 5.04 |
New York Times | 2,423 | 3,472 | 18.09 | 2.64 | 1.10 | 7.21 |
McClatchy | 675 | 3,061 | 9.76 | 1.68 | 1.40 | 5.64 |
Media General | 326 | 1,192 | 14.89 | 0.39 | 1.31 | 7.65 |
Lee Enterprises | 267 | 1,724 | 6.55 | 0.82 | 1.57 | 6.65 |
Average | 11.33 | 1.25 | 1.35 | 6.44 | ||
Maximum | +60% | +112% | +16% | +22% | ||
Minimum | -40% | -69% | -18% | -19% |
The table above shows the Market Capitalization, Enterprise Value and multiples for a number of firms in the newspaper publishing industry. Another newspaper publishing firm (not shown) had sales of $35 million, EBITDA of $14 million, excess cash of $5 million, $12 million of debt and 1.2 million shares outstanding. If the average Enterprise Value to Sales for comparable business is used, what is the best estimate of the firm's share price?
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