Agree fully with you I do! Just a quick back of
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(Total Views: 687)
Posted On: 12/11/2020 7:09:01 PM
Re: Shovelhead80ci #236
Agree fully with you I do!
Just a quick back of the envelope calculation, if one considers that ServeBank states on their website that the requirements for partnership with companies involved in food distribution and manufacturing (which would be the category for Epiphany Cafe), the target company must have OVER $20M in annual revenues! If we assume the share structure stays the same with 633M outstanding shares then if we assume about $20M annual revs then EPS would be close to about $0.03/share.
Tack on whatever P/E multiple you want but the average 2019/2020 P/E multiple for OTC stocks has been between 20-25.
P/E of 25, EPS of $0.03 would equate to a fair stock price of about $0.75/share!!!!!
In my opinion, with growth this strong with Epiphany Cafe, me thinks a P/E multiple more like 50 is likely so that would be a PPS target of about $1.50!!!
Many OTC tickers out there trading at 50 to 100 P/E multiples on promises of future revenues and/or nothing, no assets or earnings at all, just pipe dreams, some Pink stocks recently went from trip zeros to $0.27 just on hype alone. If this incoming holding company has real growth and real revenues to the tune of tens of millions per year, watch out!
Who knows what their actual annual revenues are or what the market is going to be willing to pay for those earnings but we will just have to wait to analyze the financials and filings once they are made available and OTC Markets status is updated. That could happen in mere days or maybe even a few weeks because the holidays are approaching so back office tasks could be delayed for OTC Markets, the SEC, etc.
SFIO ticker indeed has turned over a new leaf it seems!
Good luck to all!
Do or do not, there is no try
$SFIO
Just a quick back of the envelope calculation, if one considers that ServeBank states on their website that the requirements for partnership with companies involved in food distribution and manufacturing (which would be the category for Epiphany Cafe), the target company must have OVER $20M in annual revenues! If we assume the share structure stays the same with 633M outstanding shares then if we assume about $20M annual revs then EPS would be close to about $0.03/share.
Tack on whatever P/E multiple you want but the average 2019/2020 P/E multiple for OTC stocks has been between 20-25.
P/E of 25, EPS of $0.03 would equate to a fair stock price of about $0.75/share!!!!!
In my opinion, with growth this strong with Epiphany Cafe, me thinks a P/E multiple more like 50 is likely so that would be a PPS target of about $1.50!!!
Many OTC tickers out there trading at 50 to 100 P/E multiples on promises of future revenues and/or nothing, no assets or earnings at all, just pipe dreams, some Pink stocks recently went from trip zeros to $0.27 just on hype alone. If this incoming holding company has real growth and real revenues to the tune of tens of millions per year, watch out!
Who knows what their actual annual revenues are or what the market is going to be willing to pay for those earnings but we will just have to wait to analyze the financials and filings once they are made available and OTC Markets status is updated. That could happen in mere days or maybe even a few weeks because the holidays are approaching so back office tasks could be delayed for OTC Markets, the SEC, etc.
SFIO ticker indeed has turned over a new leaf it seems!
Good luck to all!
Do or do not, there is no try
$SFIO
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