Globe is a newspaper publishing company with an EBITDA of $90 million, cash of $10 million,...
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Globe is a newspaper publishing company with an EBITDA of $90 million, cash of $10 million, debt of $80 million, and 10 million shares outstanding. The publishing industry as a whole has an average EV/EBITDA ratio of 8. What is an estimate of Globe's stock price? Globe is a newspaper publishing company with an EBITDA of $90 million, cash of $10 million, debt of $80 million, and 10 million shares outstanding. The publishing industry as a whole has an average EV/EBITDA ratio of 8. What is an estimate of Globe's stock price? Globe is a newspaper publishing company with an EBITDA of $90 million, cash of $10 million, debt of $80 million, and 10 million shares outstanding. The publishing industry as a whole has an average EV/EBITDA ratio of 8. What is an estimate of Globe's stock price? Globe is a newspaper publishing company with an EBITDA of $90 million, cash of $10 million, debt of $80 million, and 10 million shares outstanding. The publishing industry as a whole has an average EV/EBITDA ratio of 8. What is an estimate of Globe's stock price?
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Answer rating: 100% (QA)
To estimate Globes stock price we can calculate its enterprise value EV and then divide it by the nu... View the full answer
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date:
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