North American Galvanizing and Coatings

North American Galvanizing and Coatings is an AMEX listed security that has been trading in a range between $2.94 and $11.97 over the past year. With 12,248,970 shares outstanding, a recent price of $9.35 gives a total market capitalization of $119,427,458. While there are certainly larger companies, North American Galvanizing and Coatings has definitely earned its place in the pack. Last year, North American Galvanizing and Coatings created $0.48 in earnings for every share outstanding.

North American Galvanizing and Coatings is currently priced by the market at 20.40 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, North American Galvanizing and Coatings could be an interesting value proposition.