IVIT-Estimated Price Per Share Value 5/7/10
1) Q1 2010 Rev comes in at 4.9 mil, net earnings are 300k, Link below:
ih.advfn.com/...pid=nmona&article=42702673&symbol=IVIT
2) FY 2010 can be estimated at 20 mil rev, 1.2 mil earnings (conservative because they ought to increase the bottom line now that they have established business for all entities)
3) Earnings Per Share for FY 2010= Net Income(in Millions)/Outstanding Shares(in Millions)= 1.2/3300= .00036, use PE of 30 for high speculation and get a PPS of .0109
1) Q1 2010 Rev comes in at 4.9 mil, net earnings are 300k, Link below:
ih.advfn.com/...pid=nmona&article=42702673&symbol=IVIT
2) FY 2010 can be estimated at 20 mil rev, 1.2 mil earnings (conservative because they ought to increase the bottom line now that they have established business for all entities)
3) Earnings Per Share for FY 2010= Net Income(in Millions)/Outstanding Shares(in Millions)= 1.2/3300= .00036, use PE of 30 for high speculation and get a PPS of .0109