TMNG: profitable, trading slightly above net-net. p/e = 10, price/cash = 1.44, price / net-net = 1.2, no debt.
It's an IT consulting company.
Details here:
Message 15703823
I found the stock this weekend using my screen that subtracts off net current assets from the market cap before computing the p/e. This scheme is just another way of trying to find profitable stocks that are good values based on both the balance sheet and the income statement.
Since Peter asked how my screen works, I'll list the details below
Screening criteria using MarketGuide's NetScreen were:
results criterion
4065 {netnet ratio}<1.5
869 {net_current_assets}>0
413 {Price}>1.5
170 {MktCap}>50
166 Is NOT In Set({Exchange},[OTC])
63 {ROE%TTM}>0
61 {CurRatioQ}>1.5
45 ({Pr2CashFlTTM}<10).AND.({Pr2CashFlTTM}>0.1)
31 Is NOT In Set({IndCode},[APPARL,RTAPRL,RTMAIL,RTDEPT,RTDRUG,RTFO..
15 {ProjPECurFY}*{1_minus_1_over_net_net_ratio}<5.AND.{ProjPECurFY}*{1_minus_1_over_net_net_ratio}>0.1
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