Endeavor Acquisition Corp. is an AMEX listed security that has been trading in a range between $7.07 and $13.15 over the past year. With 19,910,740 shares outstanding, a recent price of $11.98 gives a total market capitalization of $234,946,736. While there are certainly larger companies, Endeavor Acquisition Corp. has definitely earned its place in the pack. Last year, Endeavor Acquisition Corp. created $0.12 in earnings for every share outstanding.
Endeavor Acquisition Corp. is currently priced by the market at 97.90 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, Endeavor Acquisition Corp. could be an interesting value proposition.
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