Explain what is the current enterprise value of pellagia

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Reference no: EM132653266

Pellagia is a nationwide retail chain specializing in women's apparel. The company has 135 million shares outstanding, 30 percent of which are publicly traded with a current market price of $5.63 per share. The company is expected to earn a net income of $38 million in the next twelve months. Forecast sales and EBITDA are $633 million and $57 million, respectively. Debt outstanding is $120 million.

Problem 1: What is the current enterprise value of Pellagia?

[A] $760.05 million

[B] $880.05 million

[C] $640.05 million

[D] $500 million

[E] $690 million

Reference no: EM132653266

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