Which company is getting the most out of it's Assets?
Very interesting move in FPP and AXAS today!
Since you are bringing up AXAS, I think it makes an excellent comp to ESTE. If you will note, the net tangible book value of AXAS is only 2.38 times larger than the net tangible book value of ESTE.
Yet the company has a stock price/market cap valued at 7.82 times more than ESTE. IMO, this shows that using debt to fund expansion is a good idea, especially to bring value to the share price.
Last quarter revenues
Net tangible book value