Wednesday, July 25, 2007

Investors Capital Holdings Ltd

Investors Capital Holdings Ltd is an AMEX listed security that has been trading in a range between $3.61 and $7.50 over the past year. With 6,160,470 shares outstanding, a recent price of $4.95 gives a total market capitalization of $29,570,257. While there are certainly larger companies, Investors Capital Holdings Ltd has definitely earned its place in the pack. Last year, Investors Capital Holdings Ltd created $-0.15 in earnings for every share outstanding.

Investors Capital Holdings Ltd 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, Investors Capital Holdings Ltd is unlikely to be an interesting value proposition.

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