Nanalysis Scientific Corp (NSCI)

[cleverrox]

These valuations from Stonegate are ridiculously conservative. They using EV/S ratios on monster companies growing 15% a year. Yeah, if you are growing 15% a year are probably going to get an EV/S of 6. If you are growing at 100% a year, you have to throw that out the window. A better comparison would be ISRG, growing at 20% a year with EV/S of 27.

At minimum NSCI is going to deserve an EV/S of 20. If they make the $28M CAD estimate in 2022 from Stonegate, that should be multiplied by a minimum EV/S of 20 for a value of $560M CAD / 80M shares = $7 a share CAD.