Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Question 13 4 pts A company expects EPS to be $3.13 next year. The industry average P/E ratio is 36.15 and Enterprise multiple is 10.15.
Question 13 4 pts A company expects EPS to be $3.13 next year. The industry average P/E ratio is 36.15 and Enterprise multiple is 10.15. The EBITDA for the company is $41.30 million. What is an estimate of the stock price using the method of comparables for P/E multiples? Round your answer to two (2) decimal places.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started