Question

After researching the competitors of EJH​ Enterprises, you determine that most comparable firms have the following valuation​ ratios: Comp 1 Comp 2 Comp 3 Comp 4 ​EV/EBITDA 12 11 12.5 10 ​P/E 19 18 20 17 EJH Enterprises has EPS of ​$1.80​, EBITDA of ​$300 ​million, ​$27 million in​ cash, ​$41 million in​ debt, and 100 million shares outstanding. What range of prices is consistent with both sets of​ multiples? The range of prices will​ be: Lowest price within both​ ranges, the​ P/E and ​ EV/EBITDA ranges, is ​$ nothing.  ​(Round to two decimal​ places.) Highest price within both​ ranges, the​ P/E and the​ EV/EBITDA ranges, is ​$ nothing. ​(Round to two decimal​ places.)

Answer 1