Solve the following: The restaurant industry has a trailing PE ratio of 24.91, a Price/Sales ratio of
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Solve the following:
The restaurant industry has a trailing PE ratio of 24.91, a Price/Sales ratio of 3.77, and a dividend yield of 2.10%. McDonald’s Corp (MCD) has trailing EPS of $6.66, sales per share of $27.50, and annual dividends of $3.90. Based on each of the restaurant industry multiples and the underlying EPS, sales, and dividends for MCD, estimate the value per share of MCD. Then calculate the weighted average value per share (weighting each value equally). (Enter an amount to the nearest $0.01. Leave the $ sign off.)
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
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