Jan. 13 at 7:47 PM
$VFF $MSOS
VFF's share price of
$3.50 seems very low....
11 PE seems extremely low for a growing company like Village Farms International in the global medical cannabis industry. Because the adoption of medical cannabis on a global scale is on the rise. And expected to keep growing robustly over the next decade.
VFF currently has a high PE of 70 according to Yahoo finance. Based on $.05 TTM EPS.
But anyone can read reports and see that this EPS number is on the verge of changing. It looks like it will be $.30 EPS soon.
At today's share price of
$3.50, that would be a PE of 11.
If our current 70 PE holds, the share price on $.30 EPS would be
$21.
At an UBER conservative PE of 20 it would be
$6.
My PE projections for may are atleast 30×.
Tic toc.......
