NanoLogix Inc (NNLX)

[capitalismforever]

Valuation

Morningstar Metrics:
Current share price: $0.072 pps
Industry Average PE: 58.8
Industry Average net margin: 15%
Shares Out.: 145,814,222

$0.072 / 58.8 = $0.0012 (EPS)
$0.0012 * 145,814,222 = $174,977 (Earnings)
$174,977 / 15% = $1,166,513 (Revenue)

In order to justify a $0.07 per share price based on the industry Average metrics, nanologix would need to produce over $1 million in revenue per year. According to the latest update, the company just produced it's largest order for several THOUSAND dollars worth. That's a long way away from $1 million.

Nanologix is extremely over-valued