5/13/2013

Cash Rich Oversold Negative Enterprise Value

Amtech Systems Inc. (ASYS) founded in 1981 engages in the "design, assembly, sale, and installation of capital equipment and related consumables used in the manufacture of wafers, primarily for the solar/photovoltaic, semiconductor, silicon wafer, and micro electromechanical systems industries."


52 week change of -16.70%.

Price = 3.99, Per share values … EV = -.20. ; BV = 8.09; Cash = 4.07 ; GP = .96 ; EBITDA -2.64 ; FCF = .85

Industry = Semiconductor Equipment & Material
Market Cap = 38,060,000 ;  EV = -1,890,000  ; Revenue = 52,720,000
YOY Revenue Change =-62.40%


Electronic Systems Technology Inc. (ELST) "engages in the research and development, manufacture, and marketing of wireless modem products and accessories primarily in the United States, Mexico, Brazil, Peru, and Canada. The company was founded in 1982 and is based in Kennewick, Washington."

52 week change of 6.06%.

Price = .35, Per share values … EV = -.07. ; BV = .57; Cash = .42 ; GP = .23 ; Rev = .41 ; EBITDA .01 ; FCF = -.02

Industry = Communication Equipment
Market Cap = 1,810,000 ;  EV = -379,960  ; Revenue = 2,110,000
YOY Revenue Change =+42.20%

Maxygen, Inc. (MAXY) Maxygen, Inc., a “biopharmaceutical company, focuses on the discovery and development of protein pharmaceuticals for the treatment of disease and serious medical conditions in the United States. The company was founded in 1996 and is headquartered in San Mateo, California.”

52 week change of -60.60%.

Price = 2.37, Per share values … EV = -.53. ; BV = 2.85; Cash = 2.92 ; GP = 1.08 ; Rev = 1.10 ; EBITDA .76 ; FCF = .65

Industry = Research Services 
Market Cap = 65,870,000 ; EV = -14,710,000 ; Revenue = 30,010,000
YOY Revenue Change =-50.00%


Westell Technologies, Inc. (WSTL)was founded in 1980. WSTL "designs, manufactures, and distributes telecommunications products to telephone companies and other telecommunications service providers."

52 week change of -7.98%.

Price = 1.96, Per share values … EV = -.03. ; BV = 2.91; Cash = 1.98 ; GP = .66 ; Rev = .40 ; EBITDA -.14 ; FCF = .65

Industry = Communication Equipment

Market Cap = 113,990,000 ;  EV = -1,640,000 ; Revenue = 40,710,000

YOY Revenue Change = -38.00%