The goal is to compute a price for Tesla, Inc. Some information about Tesla. • The market price of Tesla is $655. Shares outstanding 959.85 million. Market cap is $628.7 billion. • Predicted earnings per share (EPS) = 3.52 • Predicted sales are 62.73 billion. Given the number of shares, the predicted sales per share = 65.35 • Predicted book value per share = 23.15 This table shows information for the market cap and multiples of other firms in the industry. Market cap Predicted Price to Earnings (P/E) (P/B) 141.29 28.28 628.7 8.66 51.05 22.41 Volkswagen 75.1 Tesla GM Ford Nissan O 36.6 O 25.5 Media Question: What is the value of Tesla using P/E multiples? (Note: only using P/E multiples) O 30.6 O 63.3 10.4 9.53 24.6 4.74 O 40.5 Predicted Predicted Price to Book Price to Sales (P/S) 22.49 0.71 1.29 0.32 0.9 1.92 1.65 0.66 1.08

The goal is to compute a price for Tesla, Inc. Some information about Tesla. • The market price of Tesla is $655. Shares outstanding 959.85 million. Market cap is $628.7 billion. • Predicted earnings per share (EPS) = 3.52 • Predicted sales are 62.73 billion. Given the number of shares, the predicted sales per share = 65.35 • Predicted book value per share = 23.15 This table shows information for the market cap and multiples of other firms in the industry. Market cap Predicted Price to Earnings (P/E) (P/B) 141.29 28.28 628.7 8.66 51.05 22.41 Volkswagen 75.1 Tesla GM Ford Nissan O 36.6 O 25.5 Media Question: What is the value of Tesla using P/E multiples? (Note: only using P/E multiples) O 30.6 O 63.3 10.4 9.53 24.6 4.74 O 40.5 Predicted Predicted Price to Book Price to Sales (P/S) 22.49 0.71 1.29 0.32 0.9 1.92 1.65 0.66 1.08

Name: 10 The goal is to compute a price for Tesla, Inc. Some information abo
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Description: 10 The goal is to compute a price for Tesla, Inc. Some information about Tesla.• The market price of Tesla is $655. Shares outstanding 959.85 million. Market cap is $628.7 billion.• Predicted earnings per share (EPS) = 3.52..• Predicted sales are 62.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 54E: Rebert Inc. showed the following balances for last year: Reberts net income for last year was...

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