medium · Investment Banking

A company with $100 million in EBITDA is being valued. Industry peers trade at an average EV/EBITDA of 8.0x. The company has $300 million in debt and $50 million in cash.

What is the implied Share Price if there are 50 million shares outstanding?

  1. $16.00
  2. $11.00
  3. $10.00
  4. $22.00

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