Top

Spackman Equities Group Inc.

TSXV Exchange | Nov 19, 2019, 1:15 AM EST | Real-time price

SQG $ 0.015 RT
CHANGE
000 (000%)
VOLUME
0
Day Low: N/A
Day High: N/A
 Back
P/E Ratio Less Than Five: 24 Cheap Small Cap Stocks; Eiffel Peak Capital Releases New Stock Watch List




P/E Ratio Less Than Five: 24 Cheap Small Cap Stocks; Eiffel Peak Capital Releases New Stock Watch List



Calgary, Alberta (FSCwire) - Today, Eiffel Peak Capital released its third micro-cap watch list, a new addition to its 2017 January and February lists. After an initial study of over 6,000 companies’ financial statements, twenty-four companies made it to the list.

 

“Again, in this study, we have seen mispricing of many companies’ stock valuations.  Lack of research coverage result in many missed opportunities globally,” said Qian Zhang, President of Eiffel Peak Capital.

 

William McNarland, CFA, Managing Director and Lead Analyst at Eiffel Peak Capital, explains how the initial study was commissioned. “We started by screening for micro-cap companies that have P/E ratios lower than 5. We were surprised to find that over 313 companies fit this description. After a round of eliminating companies that had earning anomalies or negative future financial outlooks, we came up with the twenty-four most intriguing companies. We found one company that had higher expected earnings next year than its market-cap.”

 

Eiffel Peak Capital plans to approach these twenty-four companies for a deeper due diligence process to understand the quality of their future earnings. The due diligence and report coverage is a not-for-profit effort and only travel expenses for office visits are reimbursed. Eiffel Peak will only release the results to the public upon securing liability coverage from the studied company.

 

The new watch list can be viewed at the following link on Eiffel Peak’s website: http://eiffelpeak.com/en/research/research-reports/

 

 

About Eiffel Peak Capital: Eiffel Peak Capital Inc. is a Calgary-based Canadian boutique Merchant Bank. The company specializes in due diligence and execution of private debt and equity transactions between $10 million to $50 million USD globally.

 

For more information contact:

Qian Zhang, President

info@eiffelpeak.com



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/eiffelpeak03082017.pdf

Source: Eiffel Peak Capital

To follow Eiffel Peak Capital on your favorite social media platform or financial websites, please click on the icons below.


 

Maximum News Dissemination by FSCwire. http://www.fscwire.com

 

Copyright © 2017 Filing Services Canada Inc.





Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. View delay times for all exchanges. Market Data powered by QuoteMedia. See the QuoteMedia Terms of Use.