Illustrate the enterprise value of turnbull corp round to

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Illustrate the enterprise value of turnbull corp round to

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Reference no: EM13392206

Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its depreciation and amortization expenses amounted to $84 million. The firm has 135 million shares outstanding and a share price of $12.80. A competing firm that is very similar to Turnbull has an enterprise value/EBITDA multiple of 5.40.

What is the enterprise value of Turnbull Corp.? Round to the nearest million dollars.

Reference no: EM13392206

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