Using the average P/E multiple of given peer companies, calculate the Target Company's implied enterprise value.

Relative Valuation Multiples
All figures in USD thousands unless stated
Peer Companies	P/E	Net Debt	Market Cap.	EBITDA	Net Income
West Company	26,2x	2.150	15.375	1.086	586
East Company	17,6x	50	14.229	2.169	809
North Company	26,9x	1.283	17.528	1.530	651
South Company	35,6	2.866	17.089	1.142	484
Target Company Info
EBITDA	650
Debt	3.000
Cash	500
Net Income	333

Answer rating: 100% (QA)

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