Q# $4.(25$ pts$.)$

You want to estimate the value of your company's equity on a per share basis. To do so$,$ you have collected the information below for $3$ comparable companies.

Assume that your company has the same expected future growth and reinvestment needs as the comparable companies.

$\backslash$table$[[,$Comp $1,$Comp $2,$Comp $3,,],[$Current Price,$20\mathrm{.}00,32\mathrm{.}00,16\mathrm{.}00,,],[$Earnings Per share,$1\mathrm{.}00,1\mathrm{.}82,0\mathrm{.}93,,],[$BV per Share,$6\mathrm{.}87,12\mathrm{.}80,5\mathrm{.}35,,],[$Sales per Share,$12\mathrm{.}62,,18\mathrm{.}82,7\mathrm{.}62,$Mean$],[$ROE$,,15\%,14\%,17\%,],[$Net Margin,,$8\%,10\%,12\%,],[$D$/$E$,,0\mathrm{.}4,0\mathrm{.}5,0\mathrm{.}45,]]$

$\backslash$table$[[\backslash$table$[[$Multiples:$],[$P$/$E$]],,],[\frac{P}{B}K,,],[\frac{P}{S},,],[,,],[,\frac{\text{m}\text{a}\text{t}\text{i}\text{o}\text{n}\text{:}}{\text{\$}15,150,000},],[$Debt$,$$$3,000,000,],[$Equity$,$$$12,150,000,],[\backslash$table$[[$Shares$],[$outstanding:$]],1,000,000,],[$Sales$,$$$18,110,000,],[$Net Income,$$1,950,000,],[$Margin$,10\mathrm{.}8\%,],[\frac{D}{E},0\mathrm{.}25,],[$ROE$,16\mathrm{.}0\%,]]$

$(1)$

$(2)$

$(1)(2)$

Multiple

Our Company

Metric

Implied

Value

Based on the above information, what would you c