Showing posts with label MFCO. Show all posts
Showing posts with label MFCO. Show all posts

Thursday, December 30, 2021

MFCO Cheapened up Thanks to the SEC

Microwave Filter Company (MFCO) filed an annual the other day showing the following per share numbers:

  • rev $2.01
  • book value $0.76
  • EPS $0.10
That EPS is without the PPP loan that was forgiven and book value is after.  The stock sits at $0.43.  With 2.6M shares out that gives a market cap of $1.1M.  I'd bet the fully depreciated building they own is worth 3 times the market cap alone.  The stock is cheap.