Question: 5-38. Valuation Using Income Statement Multiples (LO2) The following table provides summary data for Target Corp. and its competitors, Kohl's Corp. and Walmart Stores Inc.

 5-38. Valuation Using Income Statement Multiples (LO2) The following table provides

5-38. Valuation Using Income Statement Multiples (LO2) The following table provides summary data for Target Corp. and its competitors, Kohl's Corp. and Walmart Stores Inc. Required a. Compute the price to NOPAT ratio for both Kohl's and Walmart. b. Use Kohl's and Walmart as comparables, along with the company value to NOPAT ratios from part a, and then estimate for Target its company intrinsic value, its equity intrinsic value, and its equity intrinsic value per share. c. Compute the price to net income ratio for both Kohl's and Walmart. d. Use Kohl's and Walmart as comparables, along with the equity to net income ratios from part c, and then estimate for Target its equity intrinsic value and its equity intrinsic value per share

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