Question
Suppose Company X had an EPS of $0.20, sales of $580 million, EBITDA of $90 million, stockholder's equity of $480 million, $13 million of
Suppose Company X had an EPS of $0.20, sales of $580 million, EBITDA of $90 million, stockholder's equity of $480 million, $13 million of debt, cash of $80 million, and 110 million shares outstanding. Based on the industry Price to Book (P/B) ratio of 2.75, what is an estimate of the price per share of Company X?
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Valuation The Art and Science of Corporate Investment Decisions
Authors: Sheridan Titman, John D. Martin
3rd edition
133479528, 978-0133479522
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