Alpine 4 Holdings Inc (ALPP)

[DrewStegman]

I do believe $ALPP is going to $5 per share eventually, but IMO $5 by end of year might be a stretch. Of course anything is possible though

IMO a fair value for ALPP right now, given the Q4 earnings of $2.8 million would be $1 to $2 per share

That is assuming that ALPP continues to post consistent profitability in the coming quarters, which I believe is likely given the substantial increase in revenues.

The way I see it, if they were able to post a $2.8 million profit in Q4 of 2019 when revenues were substantially lower then they should see increased profitability in the coming quarters as well.

$2.8 million profit x 4 quarters = $11,200,000 net profit annually

And that is based upon 2019 revenues, but based upon that alone at $1 per share ALPP would have a P/E ratio of 10 and at $2 per share ALPP’s P/E ratio would be 20.

Definitely a fair value IMO, and that P/E ratio will come down if ALPP shows increased profits in the coming quarters.