Q15 Consider the following data,, for the airline industry for April 2019 (EV = enterprise value, Book = equity book value). Suppose Hawaiian Airlines (HA) has 50 million shares outstanding. Estimate Hawaiian Airlines' share value using each of thefive valuation multiples, based on the median valuation multiple of the other seven airlines shown (excluding Hawaiian Airlines).Calculate Hawaiian Airlines' share values using each of the five valuation multiples below: (Round the median to two decimal places. Round the share price to the nearest cent. Round the EV and market cap to the nearest integer.)Hawaiian AirlinesMedianImplied EVImplied market cap.Implied share priceData table$$$EV/Sales0.60Company NameDelta Air Lines (DAL)American Airlines (AAL)United Continental (UAL)Southwest Airlines (LUV)Alaska Air (ALK)JetBlue Airways (JBLU)SkyWest (SKYW)Hawaiian (HA)$$$EV/EBITDA3.47,2365,0083,0001,366$$$(Click on the following icon in order to copy its contents into a spreadsheet.)MarketCapitalization39,057EnterpriseValue (EV)15,29522,64829,43147,06033,74532,14329,1198,1035,791EV/EBIT5,4711,5754.8$$EV/Sales1.1x0.8x0.8x1.3x1.0x0.8x1.7x0.6xP/E6.1$$EV/EBITDA6.0x6.3x5.8x6.5x7.7x7.3x6.7x3.4xP/Book1.4EV/EBIT8.6x10.5×9.7x8.9x12.3x19.2x11.3x4.8xP/E10.2x11.2x11.0x12.4x16.6x27.7x11.0x6.1xP/Book2.9x1.3x2.3x3.0x1.9x1.1x1.5x1.4x-X

The share price is the current market value of one share of a company's stock. It is influenced by a…

Calculate Hawaiian Airlines' share values using each of the five valuation multiples below: (Round the median to two decimal places. Round the share price to the nearest cent. Round the EV and market cap to the nearest integer.) EV/EBITDA Hawaiian Airlines Median Implied EV Implied market cap. $ Implied share price $ $ EV/Sales 0.60 S S S 3.4 $ S s EV/EBIT 4.8 s $ P/E 6.1 P/Book 1.4