RE:ValuationsLook a little closer at the eps area of the PR. Note that eps is C$.12 but look underneath that number at fully diluted eps. Much smaller C$.05 is shown for 9 months. FD eps is the one to use because the company has already issued convertible debentures that could dramatically increase share count and reduce eps accordingly.
But even using the FD number, BRM.v looks undervalued. I think market was a little disappointed that revs and eps were down significantly from record Q2 numbers. Everyone likes revs and eps to incrementally increase qtr by qtr. The drop from 718K profits to 318K brings up the question of whether their results will be linear and upwards or erratic.
Also profits are new to the company. 2015 is the breakout year. Will they continue into 2016? Sure looks like it from the increasing backlog but lots of investors like a longer track record of steadily increasing profits.