One of the most commonly overlooked aspects of valuing the stock...

One of the most commonly overlooked aspects of valuing the stock is that it’s not really market cap to ARR valuation that matters, it’s EV (Enterprise Value) to ARR that’s most important. And with LVT’s low market cap and high cash balance at the moment that becomes quite important. Market cap at $0.30 per share is $245m minus cash guesstimate of $60m (nil debt obviously) gives an EV of only $185m and dividing this by current ARR of $42.9m gives a EV/ARR multiple of just 4.3 times. Dirt cheap in anyone’s language and it would have to be the first time that it has traded this cheaply in the company’s history.
Am I desperately trying to get the share price up? Yep!!