Data Communications Management Corp T.DCM

Adjusted net income

[Torontojay]

Add back the acquisition costs in Q4 and they achieved $5m in net income in Q4 alone. The market cap is $89m! 

Adjusted net income for the year is $15.3m or $0.33/share and Q4 eps of $0.11. 

fcf = $14,339 (add back $1,870) in acquisition costs or $0.33/share 
 

fcf (ex working capital) = $17,971 or ~ $0.41/share

[Torontojay]

A 10 times P/E multiple takes us to $3.30. I'd say that's being conservative and then there's the acquisition. 

[lscfa]

eps is closer to $0.43 when RRD is added.... https://stockhouse.com/companies/bullboard/t.dcm/data-communications-management-corp-ordinary-shares?postid=35304042