Saturday, July 21, 2007

NTS Realty Holdings LP

NTS Realty Holdings LP is an AMEX listed security that has been trading in a range between $6.90 and $7.75 over the past year. With 11,380,760 shares outstanding, a recent price of $7.19 gives a total market capitalization of $81,941,470. While there are certainly larger companies, NTS Realty Holdings LP has definitely earned its place in the pack. Last year, NTS Realty Holdings LP created $0.74 in earnings for every share outstanding.

NTS Realty Holdings LP 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, NTS Realty Holdings LP is unlikely to be an interesting value proposition.

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