Using the above data, you can see what the valuations could be using the reverse math P/E ratio method.
As you can see adjust any of the variables and the share price could be higher, but I think my first column is conservative.
Granted they probably won't make the sales target for 2017, but the 2018 share price is realistic if they make market entry by the end of 2017 or early 2018.
Also, the profit margin is very conservative in my opinion. I think initially they would be over 50% then it would drop off after several years as the market moves toward maturity. This would double the share price in 2018 and 2019 potentially, maybe even 2020.
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