Question
You are comparing Vantex Corp with 3 comparable firms: X, Y and Z. Vantex has EBITDA of $10 million, Debt of $15 million, Cash
You are comparing Vantex Corp with 3 comparable firms: X, Y and Z. Vantex has EBITDA of $10 million, Debt of $15 million, Cash of $7 million and 2 million shares of stock. X, Y and Z have enterprise multiples of 10, 12 and 14, respectively. Using the data from these comparable (comp) firms, what would be your highest estimate of the stock price of Vantex?
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Enterprise Value of Vantex EBITDA x Enterprise Multiple 10000000 x 14 140000000 ...Get Instant Access to Expert-Tailored Solutions
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
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