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You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: Market

You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following:

Walmart Statistics: Value:
Market capitalization of common stock $258.10 billion
Market value of debt $57.49 billion
Cash $9.67 billion
EBITDA $38.68 billion
Target Statistics: Value:
Market value of debt $14.85 billion
Cash $2.06 billion
EBITDA $8.03 billion
Shares Outstanding 0.66 billion

What is the enterprise value/EBITDA multiple for Walmart?

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Answer format: Number: Round to: 2 decimal places.

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