You have the following information for a company you are valuing and for a comparable company:
Comparable company: Company you are valuing:
Stock price = $23.45............................................... Value of debt = $3.68 million
Number of shares outstanding = 6.23 million ...... Est. EBITDA next year = $4.4 million
Value of debt = $18.45 million ........................... Est. income next year = $1.5 million
Est. EBITDA next year = $17.0 million
Est. income next year = $5.3 million
Estimate the enterprise value of the company you are evaluating using the P/E and enterprise value/EBITDA multiples.