Thursday, July 19, 2007

Tutogen Medical Inc.

Tutogen Medical Inc. is an AMEX listed security that has been trading in a range between $4.20 and $11.31 over the past year. With 18,644,900 shares outstanding, a recent price of $8.75 gives a total market capitalization of $157,362,948. While there are certainly larger companies, Tutogen Medical Inc. has definitely earned its place in the pack. Last year, Tutogen Medical Inc. created $0.04 in earnings for every share outstanding.

Tutogen Medical Inc. is currently priced by the market at 193.80 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, Tutogen Medical Inc. could be an interesting value proposition.

0 comments: