easy · Investment Banking rx-dcm-ecm
An analyst is evaluating an IPO for a company with $200 million in projected next fiscal year (NFY) Revenue. Comparable companies trade at a median EV / NFY Revenue multiple of 5.0x.
If the underwriters apply a 15% IPO discount, what is the implied Enterprise Value for the IPO?
- $850 million
- $1,150 million
- $970 million
- $1,000 million
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