Comparable company Valuation $-$ Calculation Enterprise Value Comparable company valuation is one of the most used valuation methodologies and a $$sanity check against$$ a DCF valuation. Open the attached Excel file found above the question and go to the worksheet labeled: Price to Earnings $($Blank$).$ Using the average P$/$E multiple of given peer companies, calculate the Target Company's implied enterprise value. Relative Valuation Multiples All figures in USD thousands unless stated Peer Companies P$/$E Net Debt Market Cap. EBITDA Net Income West Company $26,2$x $2\mathrm{.}15015\mathrm{.}3751\mathrm{.}086586$ East Company $17,6$x $5014\mathrm{.}2292\mathrm{.}169809$ North Company $26,9$x $1\mathrm{.}28317\mathrm{.}5281\mathrm{.}530651$ South Company $35,62\mathrm{.}86617\mathrm{.}0891\mathrm{.}142484$ Target Company Info EBITDA $650$ Debt $3\mathrm{.}000$ Cash $500$ Net Income $333$ Using the average P$/$E multiple, what is the Target Company's implied enterprise value? $*$It is a part of this exercise to calculate Price Earnings ratio $()$ $$12,329()$$$11,329()$$$8,829()$$$8,529$