Valuation based on comparable firms. The General Distribution Company (GDC) is a privately held company in the wholesale food distribution sector. You collected data on a sample of five listed companies in the same sector which are similar to GDC. Get five estimates of GDCs equity value based on the following data:

Characteristics	GDC	Average of 5 comparable companies
Sales	4,079 million	6,615 million
EBITDA	390 million	580 million
Cash Flow to equity holder	102 million	180 million
Net Profits	168 million	289 million
Book value of equity	1,288 million	2,100 million
Market capitalization	Unkown	2,646 million
Enterprise value	Unkown	3,584 million
Net debt (debt less cash)	856 million	Not available