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Use the following tables for the next 5 problems (3 points each): Note: Enterpri

ID: 2655273 • Letter: U

Question

Use the following tables for the next 5 problems (3 points each): Note: Enterprise Value = Market Value of Equity + Market Value of Debt - Cash P1. What is the stock price implied by the industry price to sales ratio? Stock Price = P2. What is the stock price implied by the industry price to book ratio? Stock Price = P3. What is the stock price implied by the industry price to earnings ratio? Stock Price = P4. What is the stock price implied by the industry enterprise value to revenue ratio? Stock Price = PS. What is the stock price implied by the industry enterprise value to revenue ratio? Stock Price =

Explanation / Answer

P1 Stock price implied by the industry price to sales ratio

Stock Price =  industry price to sales ratio * Revenue/Share Outstanding

Stock Price = 1.95*1720/295.27

Stock Price = $ 11.36

P2 Stock price implied by the industry price to Book ratio

Stock Price =  industry price to Book ratio * Book value per share

Stock Price = 1.29*5.39

Stock Price = $ 6.95

P3 Stock price implied by the industry price to Earning ratio

Stock Price = industry price to Earning ratio *EPS

Stock Price = 15.7*0.55

Stock Price = $ 8.64

P4 Stock price implied by the industry enterprise value to revenue ratio

Stock Price =( industry enterprise value to revenue ratio * Revenue - Market Value of Debt + Cash)/Share Outstanding

Stock Price = (1.81*1720 -1200 + 446.78)/295.27

Stock Price = $ 7.99

P5 Stock price implied by the industry enterprise value to EBITDA ratio

Stock Price =( industry enterprise value to EBITDA ratio * Revenue - Market Value of Debt + Cash)/Share Outstanding

Stock Price = (9.58*301.46 -1200 + 446.78)/295.27

Stock Price = $ 7.23

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