Investors look at market cap but bankers look at other metrics when making industry comparisons. If I was going to do a comparison I would probably use enterprise value or something else that includes debt. You then get a very different picture. If CAN shed another 50% from here it would put them on par with LGP, a company that's making almost double CAN's revenue.
Current enterprise valuations: 1. ECS - $23m 2. LGP - $63m 3. CAN - $111m
CAN Price at posting:
13.5¢ Sentiment: None Disclosure: Not Held
