Question: You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: $263,07

 You are trying to find an implied value for Target Corporation

You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: $263,07 billion Market capitalization of common stock $58.78 billion Market value of debt Cash $9.90 billion $36.84 billion EBITDA Target Statistics: Value: Market value of debt $14.69 billion $1.82 billion Cash $8.17 billion EBITDA Shares Outstanding 0.66 billion What is the enterprise value of Walmart? (express answer as xx.xx billion) Submit Answer format: Currency: Round to: 2 decimal places. What is the enterprise value/EBITDA multiple for Walmart? Submit Answer format: Number: Round to: 2 decimal places Based on the EBITDA reported for Target, what is an estimate for Target's enterprise value using Walmart's enterprise value/EBITDA multiple? Submit Answer format: Currency: Round to: 2 decimal places. Using Target's financial data and their implied value using multiples, what is an estimate for their share price? Submit Answer format: Currency: Round to: 2 decimal places

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!