Question
Senecor Inc. is in an industry with an average EV/EBITDA ratioof 8.25. EBITDA is expected to come in at $2.33 Billionand has 150 million shares
Senecor Inc. is in an industry with an average EV/EBITDA ratioof 8.25. EBITDA is expected to come in at $2.33 Billionand has 150 million shares outstanding. Cash on hand is$200 M and a market value of debt is $1.27. What is theEquity Value and price per share of Senecor’s stock using theEnterprise Value multiple?
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
10th edition
978-0077511388, 78034779, 9780077511340, 77511387, 9780078034770, 77511344, 978-0077861759
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