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XYZ ltd had opening net book value of $1,265,487 and number of shares of 550,678 (both values in thousand), respectively. Also, XYZ reported $2,300,600 sales
- XYZ ltd had opening net book value of $1,265,487 and number of shares of 550,678 (both values in thousand), respectively. Also, XYZ reported $2,300,600 sales and $175,000 net earnings.
- Calculate enterprise value of XYZ based on each multiple (1*3 = 3 marks)
- Calculate overall enterprise value of XYZ-average value (1 mark)
- Assume XYZs shares being traded at $9.30 per share currently, would you recommend to buy this share, justify your choice? (1+1= 2 marks)
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