SMJ International Holdings Inc. (SMJF)
Market price: $1.49
2 valuation methods
- EV / Gross Profit: $0.17 to $0.79 (midpoint $0.43)
- P / B: $0.32 to $0.74 (midpoint $0.51)
How each method works
EV / Gross Profit: $0.17 to $0.79 (midpoint $0.43)
Values the business at a peer multiple of gross profit — useful where reported operating costs vary a lot across peers but gross economics are comparable.
- How it’s calculated
- We take last-twelve-month gross profit (revenue minus the direct cost of the goods or services sold), multiply it by the peer range of EV/Gross-Profit multiples, subtract net debt and any minority interests or preferred stock ranking ahead of common shareholders, and divide by shares outstanding.
- Why it fits this industry
- Gross profit sits between revenue and operating earnings: it credits the margin a company's products earn while ignoring overhead and investment choices that legitimately differ across peers.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together.
EV / Gross Profit = (1.02/2.43/4.43)× gross_profit 4,676,045.28 ≈ 4,750,765.39/11,371,097.05/20,727,843.93 (enterprise_value); enterprise_value -> per share: equity (4,444,768.45/11,065,100.11/20,421,846.99) / 25,867,082 shares [EV bridge: minus net debt 305,996.94]
P / B: $0.32 to $0.74 (midpoint $0.51)
Values the stock at a peer multiple of its book (net asset) value — most meaningful for asset-heavy and financial companies whose balance sheet drives value.
- How it’s calculated
- We take book value per share (total assets minus total liabilities, from the latest balance sheet, divided by shares outstanding) and multiply it by the range of price-to-book multiples the peer group trades at.
- Why it fits this industry
- Where the balance sheet is the business — lenders, insurers, asset-heavy operators — the price the market pays for a dollar of net assets is a natural yardstick.
- Reading this bar
- The bar is the per-share value range this method implies: a conservative low, a central estimate, and an optimistic high. If the current price sits below the bar, the market is pricing the shares below what this method's inputs suggest; if it sits above, the market is pricing them higher. No single bar is a verdict — methods disagree for good reasons, so read the whole field together. Asset-light companies (brands, software) legitimately trade far above book value, so for them a P/B bar well below the price is usually structure, not signal.
P / B = (0.56/0.89/1.30)× book_value_per_share 0.57 ≈ 0.32/0.51/0.74 (per_share)
4 methods not shown
- EV / EBITDA: EBITDA is non-positive — an EBITDA multiple yields no meaningful enterprise value (loss-making at the EBITDA line)
- EV / Revenue: the market prices this company far outside its sector's EV / Revenue range (its own multiple is 2.87 vs a sector band of 0.15–0.52) — a sector-average bar would be misleading here, so it is withheld
- P / E: diluted EPS is non-positive — P/E is not meaningful for a loss-making period
- DCF (FCFF): base unlevered FCF is non-positive (-9,174,287.40) — nothing to discount; a standard FCFF DCF does not apply
Pre-profit company — earnings-based methods not meaningful.
Limited data — fewer than three valuation methods could be formed for this company; showing every method we can stand behind.