Homework Answers
| Enterprise value = Equity value+ MV of debt |
| - Cash & Cash Equivalents |
| Enterprise value = 264.57+57.92-8.96 |
| Enterprise value = 313.53 |
Target EV= walmart EV/walmart EBIDTA*target EBIDTA = 313.53/42.44*8.23
=60.8
| Enterprise value = Equity value+ MV of debt |
| - Cash & Cash Equivalents |
| 60.8 = Equity value+14.48-1.84 |
| Equity value = 48.16 |
| share price = equity value/number of shares |
| share price = 48.16/0.68 |
| share price = 70.82 |
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You are trying to find an implied value for Target Corporation using financial information from Walmart....
You are trying to find an implied value for Target Corporation using financial information from Walmart....
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You are trying to find an implied value for Target Corporation using financial information from Walmart....
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A) What is the enterprise value of Walmart? (express answer as xx.xx billion) B) What is...
A) What is the enterprise value of Walmart? (express answer as
xx.xx billion)
B) What is the enterprise value/EBITDA multiple for Walmart?
C) Based on the EBITDA reported for Target, what is an estimate
for Target’s enterprise value using Walmart’s enterprise
value/EBITDA multiple?
D) Using Target's financial data and their implied value using
multiples, what is an estimate for their share price?
You are trying to find an implied value for Target Corporation using financial information from Walmart. You have...
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You are trying to find an implied value for Target Corporation using financial information from Walmart. You have collected the following: Walmart Statistics: Value: $263,07 billion Market capitalization of common stock $58.78 billion Market value of debt Cash $9.90 billion $36.84 billion EBITDA Target Statistics: Value: Market value of debt $14.69 billion $1.82 billion Cash $8.17 billion EBITDA Shares Outstanding 0.66 billion What is the enterprise value of Walmart? (express answer as xx.xx billion) Submit Answer format: Currency: Round to:...
A) What is the enterprise value of Walmart? (express answer as
xx.xx billion)
B) What is the enterprise value/EBITDA multiple for Walmart?
C) Based on the EBITDA reported for Target, what is an estimate
for Target’s enterprise value using Walmart’s enterprise
value/EBITDA multiple?
D) Using Target's financial data and their implied value using
multiples, what is an estimate for their share price?
You are trying to find an implied value for Target Corporation using financial information from Walmart. You have...
Problem Consider the following data as of July 2015 for Walmart and Target Corporation (in $ billion) Sales EBIT Depreciation and Amortization Net Income Market Capitalization Cash Debt Walmart (WMT) 485.7 26.6 9.2 16.2 235.6 9.1 48.8 Target (TGT) 73.1 4.5 2.1 2.5 52.9 2.2 12.8 Compare Walmart's and Target's EBIT margins, net profit margins, P/E ratios, and the ratio of enterprise value to sales, EBIT, and EBITDA.
Target Case (Static) L04-3,4-4, 4-6, 4-8 Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes for the year ended February 3, 2018, are available here. This material is also available under the Investor Relations link at the company's website (www.target.com) Required: 1. By what name does Target label its income statement? 2. What amounts did Target report for Items listed below for the year ended February 3, 2018. (Enter your answers in millions...
Please help solve blue boxes. All information is given. Help
solve using excel.
Problem 10-18 Suppose that in July 2013, Nike had sales of $25,313 million, EBITDA of $3,254 million, excess cash of $3,337 million, $1,390 million of debt, and 893.6 million shares outstanding. Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an...
You are instructed by your client to value the target company your client is considering acquiring using market-based valuation methods. Below is a summary of the financial information (dollars in millions) target company and three other companies, Company A, Company B, and Company C that you have identified as potentially comparable companies (a) as at, and for the year ended, 31 March 2018 for the Comparable companies Company Company Company C Target A Company value Equity value Net operating assets...
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