easy · Investment Banking valuation-core

Comparable companies trade at a median of 8.0× enterprise value / EBITDA. A target has 25 million of EBITDA, 60 million of debt, and $10 million of cash. Assume no other adjustments.

What implied equity value does the comparable-company analysis produce?

  1. $130 million
  2. $150 million
  3. $200 million
  4. $250 million

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