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If it helps, $30 revenue/unit, 10m units, $300m/yr revenue, price/sales=1 (this is based on typical mid-cycle manufacturing and currently compares favourably with companies like FPA or SKL - however, optimists might like to pick higher!), $300m market cap in 4 years time or $1/share - so 25%pa off a price of around 40cps. At 31cps, you can drop the figure down to sales of about 8m units per year in 4 years time.
That may be simple (and I've presented the workings back-to-front), but I am happy with that level of calculation at this point in time. You are welcome to examine the numbers and draw your own conclusions as to whether they are fair or not.