Question: My competitors have and average Enterprise Value /a Adjusted EBITDA = 10.
My competitors have and average Enterprise Value /a Adjusted EBITDA = 10. EBIT=$1300 Depreciation and Amotization = $300 1-time restructuring= $400 Debt= $4000 Cash=$1000 Note that adjusted EBITDA adjusts the EBITDA measure for one-time expense or gains. If you believe the other competitors are good comp ( comparable firms), given this data we can say that the implied value of equity based on EBITDA multiple is?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
