Vapor Group Inc (VPOR)

[kuwlness]

You need to calculate the EPS using their net profit vs net income. So we'd be looking at:

EPS = ~$35,000,000 / 270,020,145 (shares outstanding)

EPS = .1296


In this industry, I would think a 15-20x multiple would be justified, so fair value for $SPLI would be:

.1296 (EPS) x P/E multiplier of 15 = $1.94

.1296 (EPS) x P/E multiplier of 20 = $2.59