GEM Business Valued at $60 MillionIn an earlier post I had estimated GEM annualized profit at $3 million, based on Q3 numbers. Wondering if anyone has done a similar analysis? With greater than 50% growth in this segment, a PEG ration of 10 would put this portion of the company at a valuation of $60 million. I realize these are reaching valuations, as 1 year of growth is not sufficient to utilize this ratio, but it does suggest that GEM alone supports a higher market cap and share price.
DYODD
GLTA