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

Estimate the enterprise value of the company (Polar Fox Inc.) you are evaluating using the P/E multiple.

Round the answer to two decimals. Please enter the answer in millions with two decimals.

Comparable company - Red Fox Inc.	Company you are valuing - Polar Fox Inc.
Stock price = $45.91	Value of debt = $7.36 million
Number of shares outstanding = 10.03 million	Est. EBITDA next year = $5.05 million
Value of debt = $21.92 million	Est. income next year = $2.91 million
Est. EBITDA next year = $25.41 million
Est. income next year = $8.13 million