Question: Please help me calcuate the following: Equity value per share based on MTB Ratio Equity value per share based on P/Revenue ratio JetBlue Airways Southwest
Please help me calcuate the following:
Equity value per share based on MTB Ratio
Equity value per share based on P/Revenue ratio
| JetBlue Airways | Southwest Airlines Co. | Skywest Inc. | Peer Average | |
| EV/EBITDA Multiple | 5.35 | 6.73 | 5.16 | 5.74 |
| P/E Multiple | 9.92 | 13.50 | 8.56 | 10.66 |
| Market to Book Multiple | 2.14 | 4.00 | 0.67 | 2.27 |
| Price/Revenue Multiple | 1.07 | 1.49 | 0.33 | 0.96 |
| Enterprise Value based on EV/EBITDA multiple | $1,038 | $1,306 | $1,001 | $1,115 | |
| Plus: VA Cash | $496 | ||||
| Less: VA Interest-bearing debt | $265 | ||||
| Total Equity value based on EBITDA for VA | $1,269 | $1,537 | $1,232 | $1,346 | |
| VA Shares Outstanding (millions) | 44 | ||||
| Equity value per share | $29.16 | $35.33 | $28.31 | $30.94 | |
| Equity value per share based on P/E multiple | $77.58 | $105.59 | $66.96 | $83.38 | |
| Total Equity value for VA based on P/E multiple | $3,375 | $4,593 | $2,913 | $3,627 | |
| Interest-bearing debt | $265 | ||||
| Less: Cash and equivalents | $496 | ||||
| Enterprise value for VA based on P/E multiple | $3,144 | $4,362 | $2,682 | $3,396 | |
| Equity value per share based on MTB Ratio | |||||
| Total Equity value based on MTB ratio | $0 | $0 | $0 | $0 | |
| Plus: Your Company Interest-bearing debt | $265 | ||||
| Less: Your Company Cash and equivalents | $496 | ||||
| Enterprise value based on MTB ratio | ($231) | ($231) | ($231) | ($231) | |
| Equity value per share based on P/Revenue ratio | $0 | $0 | $0 | $0 |
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