Quant Snapshot: Miranda Tech (TSX:MT)

THE NUMBERS

1. Price to sales: .966

As of Q1 2009 (ended March 31, 2009) Miranda has 23.13 million shares outstanding. The price as of May 7, 2009 was C$5.75. This gives The Company a market capitalization of $132.98 million.  In the trailing four quarters, sales totaled $137.7 million.

2. Cash to Market Cap: 55%

As of Q1 2009 reported cash and short term investments was $73. 16 million. The price as of May 7, 2009 was C$5.75, giving Miranda a market cap of $132.98 million.

3. Debt to market Cap: 0.1%

As of Q1 2009 The Company reported $172,000 in long term debt.

4. Trailing Three year growth rate: 10.5%

Sales were $96.5 million  in 2005. The sales grew to $129.9 million  in 2008.

5. Enterprise Value to Sales: 0.44

Enterprise Value as of January 19, 2009 is $59.99 million based on a market cap of $132.98 million  plus  long term debt of $172,000 reported Q12008, minus cash and short term investments of $73.16 million. The sales in the trailing four quarters were $137.7 million.

All financial information about Miranda Technologies Inc is gleaned from their filings with the System for Electronic Document Analysis and Retrieval (SEDAR)
All calculations are based on The Company’s closing share price as of close May 7, 2009: $5.75
Sales from trailing four quarters: $137.7 million
Cash and shares outstanding as of May 7, 2009 (1st Quarter)
Cash and short term investments: $73.16 million
Shares outstanding: 23,955,948