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Suppose Rocky Brands as earnings per stare of $2.34 and EBITDA 529 7 milion The firm aso has 6.3 milion shares outstanding and debt of

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Suppose Rocky Brands as earnings per stare of $2.34 and EBITDA 529 7 milion The firm aso has 6.3 milion shares outstanding and debt of 5120 million (net of cash). You bolove Jared's Outdoor Corporation is comparable to Rocky Brands in terms of its underlying business, but Jared's has no debt. Jared's has a Ple of 136 and an enterprise value to EBITDA multiple of 7.2. estimate the value of Rocky Brandstock ng both mutiples. Which estimate is likely to be more accurate? Rocky Brande stock value by using e Peradio is sper share (Round to two decimal places) The value of Rocky Brands by using the Pition Round to one decimal place)

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