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Need help finding the per value of Wildhorse's stock. The P/E multiple is 10.26 Wildhorse's income statement from the fiscal year that ended this past
Need help finding the per value of Wildhorse's stock. The P/E multiple is 10.26
Wildhorse's income statement from the fiscal year that ended this past December is: Revenue $935 613 Cost of goods sold Gross profit $322 127 Selling, general, & administrative expenses Operating profit (EBIT) $195 45 Interest expense Earnings before taxes $150 60 Taxes Net income $90 All dollar values are in millions. Depreciation and amortization expenses last year were $39 million and the company has 5501 million of debt outstanding. You are an analyst at a private equity firm 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 Wildhorse Machine Tool Company. Billy's Tools is a public company with business operations that are virtually identical to those at Wildhorse. The most recent income statement for Billy's Tools is as follows: All dollar values are in millions. Depreciation and amortization expenses last year were $39 million and the company has $501 million of debt outstanding. You are an analyst at a private equity firm 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 Wildhorse Machine Tool Company. Billy's Tools is a public company with business operations that are virtually identical to those at Wildhorse. The most recent income statement for Billy's Tools is as follows: Revenue $ 1,658 1,098 $ 560 Cost of goods sold Gross profit Selling, general, & administrative expenses Operating profit (EBIT) 198 $ 362 Interest expense 11 Earnings before taxes $ 351 138 Taxes Net income $ 213 All dollar values are in millions. Billy's had depreciation and amortization expenses of $67 million last year and had 190 million shares and $560 million of debt outstanding as of the end of the year. Its stock is currently trading at $11.50 per share Wildhorse's income statement from the fiscal year that ended this past December is: Revenue $935 613 Cost of goods sold Gross profit $322 127 Selling, general, & administrative expenses Operating profit (EBIT) $195 45 Interest expense Earnings before taxes $150 60 Taxes Net income $90 All dollar values are in millions. Depreciation and amortization expenses last year were $39 million and the company has 5501 million of debt outstanding. You are an analyst at a private equity firm 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 Wildhorse Machine Tool Company. Billy's Tools is a public company with business operations that are virtually identical to those at Wildhorse. The most recent income statement for Billy's Tools is as follows: All dollar values are in millions. Depreciation and amortization expenses last year were $39 million and the company has $501 million of debt outstanding. You are an analyst at a private equity firm 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 Wildhorse Machine Tool Company. Billy's Tools is a public company with business operations that are virtually identical to those at Wildhorse. The most recent income statement for Billy's Tools is as follows: Revenue $ 1,658 1,098 $ 560 Cost of goods sold Gross profit Selling, general, & administrative expenses Operating profit (EBIT) 198 $ 362 Interest expense 11 Earnings before taxes $ 351 138 Taxes Net income $ 213 All dollar values are in millions. Billy's had depreciation and amortization expenses of $67 million last year and had 190 million shares and $560 million of debt outstanding as of the end of the year. Its stock is currently trading at $11.50 per shareStep by Step Solution
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