Wednesday, July 25, 2007

Interpharm Holdings Inc.

Interpharm Holdings Inc. is an AMEX listed security that has been trading in a range between $1.08 and $2.60 over the past year. With 65,813,670 shares outstanding, a recent price of $1.34 gives a total market capitalization of $87,532,184. While there are certainly larger companies, Interpharm Holdings Inc. has definitely earned its place in the pack. Last year, Interpharm Holdings Inc. created $-0.19 in earnings for every share outstanding.

Interpharm Holdings 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, Interpharm Holdings Inc. is unlikely to be an interesting value proposition.

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