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CARMANAH TECHNOLOGIES CORP CMHXF



GREY:CMHXF - Post by User

Post by LongRoadon Nov 14, 2017 11:12pm
267 Views
Post# 26965233

EPS in Q3 was $.42 US due to large gain

EPS in Q3 was $.42 US due to large gainSo far this year they have earned EPS of $0.51 US due to sale of Off-Grid division.

Company is sitting in excellent position with book value of $4.25 CAD at Sept 30th and $4.11 post-SIB.

Debt is $7 million, and Equity is $85 and $61 million, pre and post SIB.

Cash is over $8 million post SIB, with debt at $7 million.

Adjusted EBITDA should be close to $8 million this year giving them one of the lowest enterprise value of 9x based on what I could find historically.  Usually the company trades for 12x and up.


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