Bell Microproducts Inc. is a NASDAQ listed security that has been trading in a range between $4.21 and $8.10 over the past year. With 30,407,390 shares outstanding, a recent price of $6.45 gives a total market capitalization of $187,917,665. While there are certainly larger companies, Bell Microproducts Inc. has definitely earned its place in the pack. Last year, Bell Microproducts Inc. created $-0.37 in earnings for every share outstanding.
Bell Microproducts Inc. is currently priced by the market at 0.00 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.
With a share price under $50 a share and earnings per share below $1 a share, Bell Microproducts Inc. is unlikely to be an interesting value proposition. Consistent earnings are the key to high valuations and this security is not on its way.
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