Wednesday, July 18, 2007

BSD Medical Corporation

BSD Medical Corporation is an AMEX listed security that has been trading in a range between $4.40 and $9.25 over the past year. With 21,090,790 shares outstanding, a recent price of $6.09 gives a total market capitalization of $127,810,186. While there are certainly larger companies, BSD Medical Corporation has definitely earned its place in the pack. Last year, BSD Medical Corporation created $0.06 in earnings for every share outstanding.

BSD Medical Corporation is currently priced by the market at 105.80 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, BSD Medical Corporation could be an interesting value proposition.

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