Lets say the company drives EBITDA of 4% of sales of annual $400M. This would be $16 x 11x multiple is $176M / 44.8M shares = about $4 stock price...roughly were it is. SO NAM TAI IS GETTING CREDIT IN ITS CURRENT VALUATION OF 4% EBITDA and at a 11x mutiple. It still has to do a lot of work to get to this profit level and a 11x multiple is very generous.
So for the stock price to go up it has to get to 4% EBITDA and grow revenue significantly. The former is doable with hard work. To do better on margin is remotely possible. To grow top line will be very difficult and if done will take years (Sales cycle in EMS I think about 18 mths).
There must be better options out there. Opportunity cost of ownership is VERY HIGH.