Valuation multiples split into enterprise value multiples and multiples based on:
AEquity
BExports
CExpenses
DEstimates
Answer & Solution
Correct answer: A. Equity
1. Enterprise value covers the whole capital structure.
2. The other family looks only at the shareholders' stake.
3. Those are the equity multiples.
_Source: OpenStax Principles of Finance 2e, Chapter 11, Stocks and Stock Valuation._
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