Value the shares of Delta Co. using the price per revenue multiplier method based on the data
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Question:
Value the shares of Delta Co. using the price per revenue multiplier method based on the data of its competitors, Alpha, Beta, and Gamma.
Delta's revenues are $ 31m and it has 13m shares outstanding.
Alpha Co. | Beta Co. | Gamma Co. | |
Revenues (m) | 2124 | 4264 | 560 |
# shares outstanding (m) | 588 | 369 | 170 |
stock price | 297 | 367 | 30 |
Provide your answer rounded to two decimals.
Related Book For
Managerial Accounting Creating Value in a Dynamic Business Environment
ISBN: 978-0078025662
10th edition
Authors: Ronald Hilton, David Platt
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