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Ridiculously dirt cheap.(I mean going bankrupt, stay away, I want all the shares for myself!)Book Value = $5.60How can the stock be worth $3 ish when there is literally $5.60 in value in the coffers right now? (Not including cash, P.P.E., or future earnings)Ultimately, when time erases everything: Fair value = $12.50 (Plus or Minus $2.50)Naturally, this may take a long time.
Take a closer look at the balance sheet. Tangible book value per share is $4.23. Which obviously includes cash and PP&E.