Overhill Farms Inc. is an AMEX listed security that has been trading in a range between $2.50 and $7.65 over the past year. With 15,370,270 shares outstanding, a recent price of $5.70 gives a total market capitalization of $86,073,511. While there are certainly larger companies, Overhill Farms Inc. has definitely earned its place in the pack. Last year, Overhill Farms Inc. created $0.37 in earnings for every share outstanding.
Overhill Farms Inc. is currently priced by the market at 15.30 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, Overhill Farms Inc. could be an interesting value proposition.
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