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Need to know per share value of Wildhorse stock. 190 million shares and 560 million of debt outstanding. Stock is currently trading at 11.50 per

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Need to know per share value of Wildhorse stock. 190 million shares and 560 million of debt outstanding. 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 Interest expense 45 Earnings before taxes $150 Taxes 60 Net income $90 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 Cost of goods sold $ 560 Gross profit 198 Selling, general, & administrative expenses Operating profit (EBIT) $ 362 11 Interest expense 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. (a) Your answer is correct. Calculate the P/E multiple for Billy's Tools. (Round answer to 2 decimal places, e.g. 15.25.) Billy Tool's P/E multiple is 10.26 Your answer is What is the per share value of Wildhorse's stock. (Round answer to 2 decimal places, e.g. 15.25.) The per share value of Wildhorse's stock is $ 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 Interest expense 45 Earnings before taxes $150 Taxes 60 Net income $90 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 Cost of goods sold $ 560 Gross profit 198 Selling, general, & administrative expenses Operating profit (EBIT) $ 362 11 Interest expense 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. (a) Your answer is correct. Calculate the P/E multiple for Billy's Tools. (Round answer to 2 decimal places, e.g. 15.25.) Billy Tool's P/E multiple is 10.26 Your answer is What is the per share value of Wildhorse's stock. (Round answer to 2 decimal places, e.g. 15.25.) The per share value of Wildhorse's stock is $

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