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Sigma Enterprises reported the following financial details for the financial year 2022. Revenue is $5100 million. EBITDA margin is 30%, D&A is $7 million. Interest
Sigma Enterprises reported the following financial details for the financial year 2022. Revenue is $5100 million. EBITDA margin is 30%, D&A is $7 million. Interest expense is $5 million. Interest & dividend income is $12 million. The tax rate applicable for the firm is 20%. The basic number of shares were 7 million, and diluted number of shares were 7.4 million. The firms dividend pay-out is 30% in the current year. The dividend growth is expected to be 15% for 5 years and stabilize at 6% thereafter. The firm uses a cost of equity of 13%. Determine the value per share
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