If you submit your own price target or know of a publicly listed price target, please comment.
My quick rough estimate is based on the following formula.
(10% of previous years worldwide smartphone sales * Likely income/unit) / Float @ P/E of 80.
Last years smart-phone sales: 1,200,000,000 (Reference)
Likely income/unit $12 (based on a non-explicit comment at Stockholder meeting "educated guess")
Shares outstanding: 44,500,000 (Adjust this as the number changes)
PE ratio of 80 (moderate PE ratio for a growth company.)
you do the math...
Previously Here:
What is Microvision Worth?
From TrimbathCreative
As I've described before, my rule of thumb for estimating the value of a deal is a price to sales ratio of 6. Based on that, MicroVision's market cap should be worth an extra $87M; which would have been about an 85% increase in MVIS. Adding in the previous $8M deal and the market cap is $135M, about 10% below the closing market cap. That valuation assumes zero value from any of the other possibilities. I don't place a zero value on those possibilities.
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