Faculty News
Valuation data from Prof. Aswath Damodaran is cited
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Excerpt from Seeking Alpha -- "I found historical average EV/EBITDA multiples for firms in this industry (from Aswath Damodaran’s website here. Note, MHK is found in the Furnishings industry, which has a long-term EV/EBITDA multiple of 6.6x, and a range of 3.32x in 2008 to 8.17x in 2010) and used these multiples to derive an estimated enterprise value for the firm using its normalized EBITDA in each scenario."
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