Suppose that in July 2013, Nike Inc. had sales of $25,402 million, EBITDA of $3,245...
80.2K
Verified Solution
Link Copied!
Question
Finance
Suppose that in July 2013, Nike Inc. had sales of $25,402 million, EBITDA of $3,245 million, excess cash of $3,342 million, $1,382 million of debt, and 898.4 million shares outstanding. Average Maximum Minimum E 29.84 + 136% -62% Price Book 2.44 + 70% -63% Enterprise Value Sales 1.12 + 55% - 48% Enterprise Value EBITDA 9.76 + 86% - 34% a. Using the average enterprise value to sales multiple in the table above, estimate Nike's share price. b. What range of share prices do you estimate based on the highest and lowest enterprise value to sales multiples in the table above? c. Using the average enterprise value to EBITDA multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
