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Magal Security Systems Ltd. Message Board

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  • dergesoff dergesoff May 30, 2012 7:26 PM Flag


    alright, back out 35m in rev from the 88.6 they made for 2011, that's 53.6 rev left. they had 9.8 net profit on 88.6 rev which is about 11%. multiply 11% (all things being equal) and 53.6 rev, you get 5.896 in net profit. divide 5.896 by 15.83 os and you get .372 earnings for the year. what p/e do you want to apply? according to yahoo the industry p/e is 20. at todays close of $3.80 and estimate .372 as 2012 earnings going forward the p/e is 10. i believe they will post .64 in earnings for 2012 with a p/e of 12-20, thats $7.68-$12.80 and i believe that to be conservative. the 2011 q3 earnings of .61 will be tough to beat imho but they should beat q2 of .01. lets see if they can grow the company, its obvious thats why they teamed up with veecon of india, otherwise mags will languish

4.75+0.01(+0.30%)May 27 3:24 PMEDT