RE:RE:ACTUAL EV with calcsCash should also be
subtracted to get to final EV.
EV = market value of common stock + market value of preferred equity + market value of debt + minority interest - cash and investments. CXR has $178m in cash so:
EV = $4.5B (per your calculations) - 178m = $4.32B
CXR reaffirmed adjusted EBITDA guidance of $610m to $640m. Let's call it $625m (average of the two).
EV/EBITDA = 6.9x