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Business, 18.05.2021 18:40 babyrocks7300

Suppose Rocky Brands has earnings per share of $2.31 and EBITDA of $29.3 million. The firm has 5.3 million shares outstanding and debt of $120 million (net of cash). You believe Deckers Outdoor Corporation is comparable to Rocky in terms of its underlying business, but Deckers has no debt. If Deckers has a P/E of 13.3 and an EV/EBITDA of 7.4, which valuation method is likely to be more reliable

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Suppose Rocky Brands has earnings per share of $2.31 and EBITDA of $29.3 million. The firm has 5.3 m...
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