With 4th restaurant and historical Net Income..... We are looking at roughly $1.25 million net annual income:
Net Income / OS = EPS
1,250,000 / 1,532,533,067= .0008
With a typical restaurant industry PE ratio of 24.66 that gives this a basic valuation of .0197.
Based on the history here and risk this would warrant a lower valuation adjustment. HOWEVER, I think GRAS is way undervalue here because of the recent conversions here over the last 6 months of 2016 and with the change after Henry Fong's passing.
With this recent financing and acquisition deal (and possibly more deals coming as hinted by the last PR) we could be seeing a quick value adjustment here for GRAS. Might get a nice move into the .00's very quickly.
If you haven't learned yet, most posts on a message board are in the writer's opinion. All of my posts are in my opinion (IMO)......do your Due Diligence (DD) and make up your own mind!
