I cant argue that. One factor that your TA doesn't account for is FA and future potential. Everything your basing that on is present and past indicators. Which used correctly, can provide an investors with much needed information. But at the end of the day it's "PAST" information.
As soon as anything of value having Kendra Todd debuts to draw in more customers, its all out the window. It's Revenues-Liabilities= Profits. PERIOD!!!!