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Pivot Technology Solutions Inc. T.PTG

"Pivot Technology Solutions Inc offers IT solutions to businesses, government, education, and healthcare organizations. It operates through the following segments: ACS, ARC, ProSys, Sigma, TeraMach, Shared services. The company derives the maximum revenue from the ProSys segment which sells storage, server, and IT infrastructure consulting solutions to enterprises. Geographically, it derives majority revenue from the United States and also has a presence in other countries."


TSX:PTG - Post by User

Comment by ValuKingon Aug 09, 2017 8:24am
148 Views
Post# 26559813

RE:RE:Diluted earnings per share

RE:RE:Diluted earnings per shareIf you're going to value on ebitda, market cap isn't the true value of a company's size. You should you enterprise value which adds net debt to market cap. If you look at it this way, it looks like it's trading closer to 10 times expected ebitda, which to me seems really rich for a value added reseller with 1.8% margins.
digitel wrote: Echelon expects 80% of EBITDA for the year to come in the second half due to seasonality. Given PTG.to has reported US$5.7 million in EBITDA in the first half that works out to annual EBITDA expectation of US$28.5 million. In Canadian dollars that is C$36.2 million in EBITDA that is expected. With a market cap of C$107 million PTG is selling at approximately 3 times 2017 expected EBITDA.




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