Electronic Cigarettes International Group Ltd fka ECIGQ

[10baggerinvestor]

Price/sales 4.25 equals 4.25 x $80m = $340m / 70,482,486 = $4.82 per share. Yeag I think your valuation is not unrealistic at all. Using current share structure being 70,482,486 not including any warrants until they have been exercised which they would have to inform market plus that would mean an inflow of cash into the company which would also have to be accounted for.
Hypothetically assuming we get 20m per Qtr that is $80m revenue/sales a year times that by the tobacco industry average of price/sales 4.25 equals 4.25 x $80m = $340m / 70,482,486 = $4.82 per share. That is how undervalued we are right now.

With the upcoming roadshows I am hoping investment firms can use their calculators and analysts etc to work that out should be fair value.
This valuation is not including any premium for future revenue growth, expansion of all brands, future takeover target if you put the dots together you will see this will be a takeover candidate.

Here is link for Tobacco industry valuation price/sales

http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html