With these numbers:

$303,000./d as basic profit before taxes. 250 days = $75. mil. profit before taxes to SFMI/y.

After subracting 35% for taxes (a guess, could be higher), that is $48.75 mil per year. Divide that number by 175 mil shares outstanding (I know it is closer to 150 mil currently but I'm being conservative), we get 27 cents per share earnings.

Attach a moderate PE to that and we should be trading in the dollar range. Between $2.70 and $5 imo.

Am I way off here?

B