Using the industry average evebitda multiple of 98 what is


You are trying to estimate the share price for CS Storage Inc. and have the following data on the company:

EBIT (Operating Profit) = $60,829

Depreciation Expense = $6,295

Debt = $70,635

Non-operating Assets = $15,000

Shares Outstanding = 50,000

Using the industry average EV/EBITDA multiple of 9.8, what is CS Storage's share price?

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Finance Basics: Using the industry average evebitda multiple of 98 what is
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