medium · Investment Banking rx-dcm-ecm
A tech company is planning an IPO with an estimated Next Fiscal Year (NFY) Revenue of $500 million. Comparable public companies trade at a median EV / NFY Revenue multiple of 6.0x.
If the underwriters apply a 15% IPO discount, what is the implied Enterprise Value for the offering?
- $2,125 million
- $2,550 million
- $3,000 million
- $3,450 million
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