A company has revenues of 24 million and depreciation and amortization expenses of 9 million. Operating margin is 42%, net margin is 7%, and gross margin is 57%. It has 19 million of debt, 6 million...

A company has revenues of 24 million and depreciation and amortization expenses of 9 million. Operating margin is 42%, net margin is 7%, and gross margin is 57%.  It has 19 million of debt, 6 million in cash, and 11 million shares outstanding.  Comparable companies are trading at An average EV/EBITDA multiple of 12.  How much are this company's shares worth using relative valuation? Round to one decimal place.