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Business, 24.06.2019 23:30 jcox626

Suppose rocky brands has earnings per share of $2.22 and ebitda of $30.5 million. the firm also has 5.7 million shares outstanding and debt of $115 million (net of cash). you believe deckers outdoor corporation is comparable to rocky brands in terms of its underlying business, but deckers has no debt. if deckers has a p/e of 13.5 and an enterprise value to ebitda multiple of 7.3, estimate the value of rocky brands stock using both multiples.

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