Flanigan's Enterprises Inc. is an AMEX listed security that has been trading in a range between $7.86 and $12.30 over the past year. With 1,892,990 shares outstanding, a recent price of $10.26 gives a total market capitalization of $19,819,606. While there are certainly larger companies, Flanigan's Enterprises Inc. has definitely earned its place in the pack. Last year, Flanigan's Enterprises Inc. created $0.50 in earnings for every share outstanding.
Flanigan's Enterprises Inc. is currently priced by the market at 20.80 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, Flanigan's Enterprises Inc. could be an interesting value proposition.
Showing posts with label Wellington FL. Show all posts
Showing posts with label Wellington FL. Show all posts
Wednesday, July 18, 2007
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