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The reported EV/EBITDA of a newspaper publishing firm is 10x. The firm has sales revenues of $780 million, EBITDA of $84 million, excess cash (i.e.,
The reported EV/EBITDA of a newspaper publishing firm is 10x. The firm has sales revenues of $780 million, EBITDA of $84 million, excess cash (i.e., marketable securities) of $60 million, $10 million of debt and seeks to issue 15 million shares of stock.
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To estimate the firms share price you can use the EVEBITDA ratio EV Enterprise Value Market Cap De...
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Fundamentals of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
1st canadian edition
978-0133400694
