Name Market Capitalization ($ Million) Enterprise Value ($ Million) P/E Price/Book Enterprise Value/Sales Enterprise Value/EBITDA...
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Finance
Name
Market Capitalization ($ Million)
Enterprise Value ($ Million)
P/E
Price/Book
Enterprise Value/Sales
Enterprise Value/EBITDA
Gannet
6,350
10,163
7.36
0.73
1.40
5.04
New York Times
2,423
3,472
18.09
2.64
1.10
7.21
McClatchy
675
3,061
9.76
1.68
1.40
5.64
Media General
326
1,192
14.89
0.39
1.31
7.65
Lee Enterprises
267
1,724
6.55
0.82
1.57
6.65
Average
11.33
1.25
1.35
6.44
Maximum
+60%
+112%
+16%
+22%
Minimum
-40%
-69%
-18%
-19%
The table above shows the Market Capitalization, Enterprise Value and multiples for a number of firms in the newspaper publishing industry. Another newspaper publishing firm (not shown) had sales of $35 million, EBITDA of $14 million, excess cash of $5 million, $12 million of debt and 1.2 million shares outstanding. If the average Enterprise Value to Sales for comparable business is used, what is the best estimate of the firm's share price?
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