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You have the following information for a company you are valuing and for a comparable company: Comparable company: Company you are valuing: Stock price =

You have the following information for a company you are valuing and for a comparable company:

Comparable company: Company you are valuing:
Stock price = $24.85 Value of debt = $3.77 million
Number of shares outstanding = 7.14 million Est. EBITDA next year = $5.00 million
Value of debt = $18.90 million Est. income next year = $1.60 million
Est. EBITDA next year = $17.70 million
Est. income next year = $5.00 million

Estimate the enterprise value of the company you are evaluating using the P/E and enterprise value/EBITDA multiples. (Round intermediate calculation and final answer to 2 decimal places, e.g. 15.25.)

Enterprise value of the company enter the enterprise value of the company in millions of dollars rounded to 2 decimal places million

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