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You are trying to decide whether now is the right time to buy shares in Next Generation Inc. ( NGI ) , a manufacturer of

You are trying to decide whether now is the right time to buy shares in Next Generation Inc. (NGI), a manufacturer of specialty batteries. One competitor for NGI is publicly traded; the competitor has an enterprise value of $5,489 million and an expected EBITDA of $948 million. The expected EBITDA is $2,576 million for NGI. NGI has excess cash is $7,028 million, debt of $9,425 million, and 206 million common shares outstanding. Based on this information, what is your estimate of the intrinsic value per share of NGI stock?

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