Valuation multiples are often used to compare companies quickly. Identify an appropriate valuation multiple/ratio and evaluate if the company (Woolworths) is over or undervalued using relative valuation. What are the reasons you picked the multiples that you did and how did you conclude that Woolworths is over or undervalued? (5 marks).

Earnings Per Share A$1.16

ASX: WOW Share Price A$34.7

Equity Value per Share A$35.89

Fair value AU$ 35.89 (AUD)

Current Price AU$34.70