Alternative Industry Valuation for Competitors w/ Lots of Debt and Inconsistent EPS
Hello,
My goal is to get a price per share for a private company using industry multiples. The problem is: (1) most competitors have large amounts of debt (>60% of the company EV) making it so changes in stock price has little effect in EV/EBITDA multiples and (2) most competitors have inconsistent EPS making P/E hard to use on a rolling basis.
Does anyone have any suggestions for valuation metrics I should be using
Thanks