The Adelaide Estates had a book value of $2,450 million in 2021 and 4,975 million shares outstanding
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Question:
The Adelaide Estates had a book value of $2,450 million in 2021 and 4,975 million shares outstanding throughout the year. All numbers are in millions of dollars. Using the above details, you are required to Calculate relevant average multiples.
Estimate a value for BTech.
What should be the value per share of The Adelaide Estates? A market analyst speculated that The Adelaide Estates' share price should be around $1.20 per share. If the analyst's statement is true, what is your view on the value of the share?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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