Saturday, July 21, 2007

Command Security Corporation

Command Security Corporation is an AMEX listed security that has been trading in a range between $2.60 and $3.30 over the past year. With 10,752,220 shares outstanding, a recent price of $2.80 gives a total market capitalization of $29,030,995. While there are certainly larger companies, Command Security Corporation has definitely earned its place in the pack. Last year, Command Security Corporation created $0.12 in earnings for every share outstanding.

Command Security Corporation is currently priced by the market at 23.20 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, Command Security Corporation could be an interesting value proposition.

0 comments: