Sunday, July 15, 2007

Decorator Industries, Inc.

Decorator Industries, Inc. is an AMEX listed security that has been trading in a range between $6.16 and $8.97 over the past year. With 3,003,680 shares outstanding, a recent price of $6.72 gives a total market capitalization of $20,124,655. While there are certainly larger companies, Decorator Industries, Inc. has definitely earned its place in the pack. Last year, Decorator Industries, Inc. created $-0.08 in earnings for every share outstanding.

Decorator Industries, 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, Decorator Industries, Inc. is unlikely to be an interesting value proposition.

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