Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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 | $262.44 billion |
Market value of debt | $58.71 billion |
Cash | $9.12 billion |
EBITDA | $37.16 billion |
Target Statistics: | Value: |
---|---|
Market value of debt | $14.88 billion |
Cash | $2.03 billion |
EBITDA | $8.16 billion |
Shares Outstanding | 0.66 billion |
What is the enterprise value of Walmart? (express answer as xx.xx billion)
What is the enterprise value/EBITDA multiple for Walmart?
Based on the EBITDA reported for Target, what is an estimate for Targets enterprise value using Walmarts enterprise value/EBITDA multiple?
Using Target's financial data and their implied value using multiples, what is an estimate for their share price?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started