The Coast Distribution System, Inc. is an AMEX listed security that has been trading in a range between $6.44 and $10.84 over the past year. With 4,423,680 shares outstanding, a recent price of $6.68 gives a total market capitalization of $30,302,208. While there are certainly larger companies, The Coast Distribution System, Inc. has definitely earned its place in the pack. Last year, The Coast Distribution System, Inc. created $0.24 in earnings for every share outstanding.
The Coast Distribution System, Inc. is currently priced by the market at 28.10 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, The Coast Distribution System, Inc. could be an interesting value proposition.
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