Question: Answer all fill in's Valuation Using the PE Multiple The following table provides summary data for Applied Materials Inc. and its competitors, KLA Tencor Corporation
Answer all fill in's

Valuation Using the PE Multiple The following table provides summary data for Applied Materials Inc. and its competitors, KLA Tencor Corporation and Lam Research Corporation. (in millions Applied Materials KLA Tencor Lam Research Company assumed value $9,734 $11,473 Equity assumed value $8,931 $13,188 NOPAT $1,444 $440 $674 Net income $1,377 $465 $755 Net nonoperating obligations (assets) $(1,369) $803 $(1,715) Common shares outstanding 1,160.0 157.9 158.5 a. Compute the price to net income ratio for both KLA Tencor Corporation and Lam Research Corporation. Round answers to two decimal places, when applicable. Price to Net income ratio KLA Tencor 19.21 Lam Research 17.47 b. Use KLA Tencor Corporation and Lam Research Corporation as comparables, along with the price to net income ratios from part a, and then estimate for Applied Materials Inc. its equity intrinsic value and its equity intrinsic value per share. . Round equity intrinsic value to the nearest million. Round equity intrinsic value per share to two decimal places. KLA Tencor Corporation Equity intrinsic value $ 25250.05 million Equity intrinsic value per share $ 21.77 Check Save Answers Next
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