PE Technical Question

You are looking at a business with the following financials: Revenues of $150 Enterprise value of $300 Shares outstanding of 25 SG&A of 10% of Sales Depreciation expense of $15 Tax rate of 33% $100 of debt Gross margin of 20% $50 of cash Calculate the share price. Calculate the EV/EBITDA ratio. Calculate the P/E ratio.

2 Comments
 

Relatively forward:

1) For share price, EV-> Market cap. 300-100+50 = 250, divided by 25# = share price of $10.

2) For EBITDA / NI. Start with revenues down to EBITDA which gives ~$15m, subtract the D&A (are you sure about D&A amount?), EBIT is 0. No interest, assuming no tax credit, NI = 0? 

3) EV/EBITDA = 300/15. For P/E -> well NI is 0 which seems odd in this example. 

 

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