Post by
smallcaplover on Aug 13, 2013 5:30pm
valuation
Here's how I look at it. WAN is worth about 3-4x forward EV/Sales. Given we don't have any reliable estimates, I'm going to use 5x the last quarter annualized. At 1.8MM in sales in Q3, that's $7.2M in a year, that's an EV of $36M. They have $2,7M in cash and about 200k in lt debt so the net debt is negative, and the market cap should be $38.5M. With 24.1M shares out f.d., that makes this stock worth ~$1.60. Boom.
Comment by
kilburncc on Sep 17, 2013 1:16pm
Very interesting, thanks.