Ascena Retail Group Inc fka ASNAQ

[RyGuy]

$ASNA I have added 27 public retail apparel peers according to yahoo finance to this spreadsheet. All financial data for all companies was pulled from Yahoo finance. If ASNA were correctly valued by either P/E Ratio or P/S Ratio, there is room for a 3.5-6 X's multiple from ASNA's current price. ASNA's market cap currently is sheer market insanity. Again for ASNA's EPS, I used only what they posted for 1st Qtr 2020 that was posted on filing on 12/10/2019 of $3.20 per share ($0.16 Pre Split). Annualized if they continue with this turnaround that would be $12.80. But I used only the $3.20 number from 1st Qtr.

Using the lowest 5 comparable peers a P/E ratio of 9.25 would give ASNA a share price of $29.61. (ASNA currently P/E ratio based on $3.20 is 0.63)

Using the lowest 5 comparable peers a P/S ratio of 0.19 (Current 0.01) would give ASNA a price of $105.45. The same price it was at in comparison just slightly over a year ago with split price factored in.

https://docs.google.com/spreadsheets/d/1vMlcfFTCfGTRBYH4MZoXu4sVxYfh4gj8iM_gnyN7E4M/edit?usp=sharing