Ampal-American Israel Corporation

Ampal-American Israel Corporation is a NASDAQ listed security that has been trading in a range between $4.25 and $6.95 over the past year. With 49,355,790 shares outstanding, a recent price of $5.42 gives a total market capitalization of $263,559,926. While there are certainly larger companies, Ampal-American Israel Corporation has definitely earned its place in the pack. Last year, Ampal-American Israel Corporation created $-0.42 in earnings for every share outstanding.

Ampal-American Israel Corporation 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, Ampal-American Israel Corporation is unlikely to be an interesting value proposition. Consistent earnings are the key to high valuations and this security is not on its way.