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Your company is expecting sales of $40mm this year but is not yet profitable. You are trying to establish a justifiable Comparables valuation for your
Your company is expecting sales of $40mm this year but is not yet profitable. You are trying to establish a justifiable Comparables valuation for your equity. The publicly traded company most similar to yours has revenues of $650mm, net income of $42mm, a stock price of $18 and 75mm shares outstanding. If this is the only comparable data you have, what does it suggest the value of your company could be? A. $71mm
B. $1.3 billion
C. $720mm
D. $83mm
E. $619mm
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