Question
Thornton Real Estate Company has EBITDA of $47m. Their nearest competitor has an EV/EBITDA of 4.5. Thornton currently has $32m in debt on the balance
Thornton Real Estate Company has EBITDA of $47m. Their nearest competitor has an EV/EBITDA of 4.5. Thornton currently has $32m in debt on the balance sheet and $5m in cash, with 850,000 shares of common stock outstanding. What is Thorntons enterprise value and what would an appropriate stock price be for the company?
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Renewable Energy Finance Funding The Future Of Energy
Authors: Charles W Donovan
2nd Edition
1786348594, 9781786348593
