Nanalysis Scientific Corp. V.NSCI

Alternate Symbol(s): NSCIF

Healthcare Medical Devices

Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers or analyzers for laboratory and industrial markets. The Company’s segments include Scientific Equipment and Security Services. Scientific Equipment segment conducts scientific equipment manufacturing and sales, primarily as a patent-protected technology Company that develops, manufactures, and sells magnetic resonance (MR) products for security, pharmaceutical, biotech, nutraceutical, chemical, food, materials, education, life science and medical applications. Security Services, focuses on providing security services, namely providing preventative and oncall maintenance services, as well as installation, of detection and analysis equipment. It offers commercial security equipment installation and maintenance services to a variety of customers in North America. It provides airport security equipment maintenance services in each province and territory of Canada.

TSXV:NSCI - Post by User

Nanalysis Scientific Corp. > 160M CONTRACT

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Comment by Oilytrader1on May 27, 2022 4:17pm

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Post# 34713342

RE:RE:160M CONTRACT

running a quick NPV on the contract with a 30% gross margin assumption, and 10% discount rate, i value the base case contract of $160MM @ $0.43 accretive to fair market value, and $0.62 accretive if they receive an extension for an additional 5 years, all discounted back to today.

Assuming they hit their targets with base business, i would project end of year revenue @ $44MM, 2023 end of year @ $84MM, and 2024 $ 124MM.

With market cap at $101MM, or 1.2x 2023E revenue multiple. NSCI looks grossly undervalued. my 12month target is closer to $3.00-$3.50 assuming 3x 2023E revenue.

Thoughts?

Oily

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