EBITDA = (net income + interest + taxes + depreciation / amortization)
EV = (market value of common stock + market value of debt – cash and investments)
EBITDA = 150 + 8 + 11 + 52 = Sf 221 million
EV = (25 × 40) + 130 – 65 – 250 = Sf 815 million
EV / EBITDA = 3.69
