Find value of your firm equity using relative valuation

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Suppose your firm has an EBITDA of $750,000 and $1.25 million in debt. If a similar, publicly traded firm has equity worth $21 million, debt worth $4 million, and an EBITDA of $2.25 million, find the value of your firm's equity using a relative valuation. Assume neither firm has a significant amount of cash on hand, write your answer in millions, and include two decimal points (e.g., 3.21 for $3.21 million).

Reference no: EM131915245

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