Fire Inc. has EBITDA of $45 mill, shares outstanding of $5 mill and $150 mill of debt. Bobby believes it is comparable to Lizard's co. which has an enterprise value to EBITDA multiple of 7. Based on EV/EBITDA ratio, the price of Fire Inc. should be how much?

Answer rating: 100% (QA)

To calculate the enterprise value EV we first need to add the market value of deb... View the full answer