Quest Capital Corp. is an AMEX listed security that has been trading in a range between $1.71 and $3.10 over the past year. With 145,062,600 shares outstanding, a recent price of $2.70 gives a total market capitalization of $396,006,375. While there are certainly larger companies, Quest Capital Corp. has definitely earned its place in the pack. Last year, Quest Capital Corp. created $0.28 in earnings for every share outstanding.
Quest Capital Corp. is currently priced by the market at 9.60 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, Quest Capital Corp. is unlikely to be an interesting value proposition.
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