Suppose that in January 2006 Kenneth Cole Productions had sales of $532 million, EBITDA of $51.8 million, excess cash of $107 million, $6.5 million of debt, and 18 million shares outstanding. Use the multiples approach to estimate KCP's value based on the following data from comparable firms: E a. Using the average enterprise value to sales multiple in the table above, estimate KCP's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above c. Using the average enterprise value to EBITDA multiple in the table above, estimate KCP's share price d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? KCP's share price using the average enterprise value to sales multiple will be S(Round to the nearest cent.) b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales X Data Table The highest price will be S(Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.) (Click on the following iconin order to copy its contents into a spreadsheet.) c. Using the average enterprise value to EBITDA multiple in the table above, estimate KCP's share price Enterprise Value EBITDA P Price Enterprise Value KCP's share price using the average enterprise value to EBITDA multiple will be S(Round to the ne Book Sales d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBIT Average 15.01 2.84 1.06 8.49 Maximum +51% +186% 106% 27% The highest price will be $ (Round to the nearest cent.) Minimum -42% -61 % 56% -22% The lowest price will be S(Round to the nearest cent.) Print Done Enter your answer in each of the answer boxes. Suppose that in January 2006 Kenneth Cole Productions had sales of $532 million, EBITDA of $51.8 million, excess cash of $107 million, $6.5 million of debt, and 18 million shares outstanding. Use the multiples approach to estimate KCP's value based on the following data from comparable firms: E a. Using the average enterprise value to sales multiple in the table above, estimate KCP's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above c. Using the average enterprise value to EBITDA multiple in the table above, estimate KCP's share price d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above? KCP's share price using the average enterprise value to sales multiple will be S(Round to the nearest cent.) b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales X Data Table The highest price will be S(Round to the nearest cent.) The lowest price will be $ (Round to the nearest cent.) (Click on the following iconin order to copy its contents into a spreadsheet.) c. Using the average enterprise value to EBITDA multiple in the table above, estimate KCP's share price Enterprise Value EBITDA P Price Enterprise Value KCP's share price using the average enterprise value to EBITDA multiple will be S(Round to the ne Book Sales d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBIT Average 15.01 2.84 1.06 8.49 Maximum +51% +186% 106% 27% The highest price will be $ (Round to the nearest cent.) Minimum -42% -61 % 56% -22% The lowest price will be S(Round to the nearest cent.) Print Done Enter your answer in each of the answer boxes
