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Re: Madmen333 post# 25249

Sunday, 02/07/2021 2:34:09 PM

Sunday, February 07, 2021 2:34:09 PM

Post# of 31824
Good questions, my calculation starts with the projected revenue of $64M per year. My Net is 40% of the projected revenue. Then, Earnings Per Share, (EPS), is always based on Net and is divided by the Outstanding shares. Finally, to get to Price Per Share, (PPS), you multiply the EPS times a reasonable multiple, 24 in my calculation. In a fast-growing stocks a multiple of 24 is reasonable....

What makes this PPS a little crazy though is the fact that the Outstanding shares, right now at least, is so low, only 42,072,603 million shares. That said, it also makes this a very exciting opportunity! Go $BNOW...
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