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Save In addition to footwear, Kenneth Cole Productions designs and sources handbags, apparel, and other accessories. You decide, therefore, to consider comparables for KCP

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Save In addition to footwear, Kenneth Cole Productions designs and sources handbags, apparel, and other accessories. You decide, therefore, to consider comparables for KCP outside the footwear Industry. You also know the following about KCP: it has sales of $518 million, EBITDA of $55.6 million, excess cash of $100 million, $3 million of debt. EPS of 51.65, book value of equity of $12.05 per share, and 21 million shares outstanding a. Suppose that Fossil, Inc., has an enterprise value to EBITDA multiple of 11.26 and a PIE multiple of 17.57. What share price would you estimate for KCP using each of these multiples, based on the data for KCP? b. Suppose that Tommy Hilfiger Corporation has an enterprise value to EBITDA multiple of 8.66 and a PIE multiple of 16.91. What share price would you estimate for KCP using each of these multiples based on the data for KCP7 a. Suppose that Fossil, Inc. has an enterprise value to EBITDA multiple of 11.26 and a PE multiple of 17.57 What share price would you estimate for KCP using each of these multiples, based on the data for KCP7 Using the Enterprise value/EBITDA ratio for Fossil the price is 1 (Round to the nearest cent)

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