Value Creation Ignored

CTCH: Commtouch  develops Web security  and antivirus technologies and solutions. Commtouch is headquartered in Netanya, Israel, with a subsidiary in Sunnyvale, Calif.

Current Price = 2.42

Market Cap: 58.47M: Enterprise Value: 38.47M : Enterprise Value/Revenue:1.64 :Enterprise Value/EBITDA:7.16

Revenue:23.40M : Revenue Per Share:0.98 : Qtrly Revenue Growth (yoy):6.90% :EBITDA (ttm):5.37M

Total Cash:22.04M : Total Cash Per Share:0.91 :Book Value Per Share:1.26  

CTCH continues to see significant improved valuation based on EBITDA, Sales, Book  Value to enterprise value. Management continues to see continued strong profitable results, announced share buy back, hired investment relations advisory firm all should help a justified return to a higher price.

	2007-12	2008-12	2009-12	2010-12	2011-12	Current
Price	5.59	3.08	2.48	3.64	3.50	2.46
EV Per Share	5.07	2.49	1.80	3.10	2.65	1.61
BV Per Share	0.45	0.58	0.75	0.87	1.17	1.21
Sales Per Share	0.41	0.52	0.60	0.73	0.93	0.95
ROIC	21.26	16.21	29.88	21.67	18.18	17.87
GM%	87.50	87.00	85.10	83.90	82.20	82.20
FCF/Sales	31.20	17.85	30.75	20.64	26.83	26.77
EV/Sales	12.43	4.76	2.99	4.25	2.84	1.70
EV/BV	11.32	4.29	2.41	3.55	2.27	1.33
EV/EBITDA	63.35	27.70	13.82	18.26	13.24	7.69