Spark Networks plc (ADR) is an AMEX listed security that has been trading in a range between $4.90 and $7.00 over the past year. With 30,941,860 shares outstanding, a recent price of $5.55 gives a total market capitalization of $168,633,131. While there are certainly larger companies, Spark Networks plc (ADR) has definitely earned its place in the pack. Last year, Spark Networks plc (ADR) created $0.12 in earnings for every share outstanding.
Spark Networks plc (ADR) is currently priced by the market at 42.40 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, Spark Networks plc (ADR) could be an interesting value proposition.
Sunday, July 22, 2007
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