The table below presents financial information of companies in the energy exploration industry. Name Market Capitalization ($ million) Enterprise Value ($ million) P/E Price/ Book Enterp Sales Shell Exp 6350 10,163 7.36 0.73 1.4 Devon 2423 3472 18.09 2.64 1.10 McClatchy 675 3061 9.76 1.68 1.40 Diamondback 326 1192 14.89 0.39 1.31 EOG 267 1724 6.55 0.82 1.57 Average 11.33 1.25 1.35 Maximum +60% 11296 +16%6 Minimum -40% -6996 - 1896 You attempt to value a Cenovus energy company (not shown above), using the method of comparables. Average 11.33 1.25 1.35 Maximum +60% 112% +16% Minimum -40% -69% -18% You attempt to value a Cenovus energy company (not shown above), using the method of comparables. Cenovus Energy relevant information: Sales: $500 million EBITDA: $75 million Cash in balance sheet: $70 million Debt: $18 million Shares outstanding: 100 million Using the average enterprise value to sales for comparable businesses, calculate: 1. Cenovus Enterprise Value 2. Estimate of the Cenovus' share price? (SHOW ALL YOUR CALCULATIONS FOR FULL/PARTIAL CREDIT) Edit View Insert Format Tools Table The table below presents financial information of companies in the energy exploration industry. Name Market Capitalization ($ million) Enterprise Value ($ million) P/E Price/ Book Enterp Sales Shell Exp 6350 10,163 7.36 0.73 1.4 Devon 2423 3472 18.09 2.64 1.10 McClatchy 675 3061 9.76 1.68 1.40 Diamondback 326 1192 14.89 0.39 1.31 EOG 267 1724 6.55 0.82 1.57 Average 11.33 1.25 1.35 Maximum +60% 11296 +16%6 Minimum -40% -6996 - 1896 You attempt to value a Cenovus energy company (not shown above), using the method of comparables. Average 11.33 1.25 1.35 Maximum +60% 112% +16% Minimum -40% -69% -18% You attempt to value a Cenovus energy company (not shown above), using the method of comparables. Cenovus Energy relevant information: Sales: $500 million EBITDA: $75 million Cash in balance sheet: $70 million Debt: $18 million Shares outstanding: 100 million Using the average enterprise value to sales for comparable businesses, calculate: 1. Cenovus Enterprise Value 2. Estimate of the Cenovus' share price? (SHOW ALL YOUR CALCULATIONS FOR FULL/PARTIAL CREDIT) Edit View Insert Format Tools Table