This makes about 35Cents on 38M sales this year. IMHO, with the high back log, I take this as a very conservative estimate. I wouldn't be surprised if the next 2 quarters are much better than my approach, above.
From all I've read about security systems so far, this branch is booming! With the US spending Billions(!) on embassy safety, alone, I expect 12 month results of about 50Cents on 50M sales in near future. If not this year, than somewhere next year.
So, now you all understand, why I have so high expectations, and expect to see ATH in the next 12 month, if not before! Hey, Magal should be at least a 100M stock, or not? 20M is a pure joke!