Elite Pharmaceuticals Inc (ELTP)

[senderos]

I know I will be severely criticized for this, but here goes. One way the pros value a company is this, according to my son-in-law who has worked on Wall Street for 30 years, and who also owns ELTP. In the healthcare sector, which we are, you take the trailing EBITDA, which was $12 million in 2024 and multiply by 18 to get the share price = about $.22. However, we are a young company that is ramping up, so estimate as you will what we will be in the future. For me, this means I do not want a buyout anytime soon.

https://www.investopedia.com/terms/e/ebitda.asp