GreenStar Agricultural Corporation (GRE:TSX-V) - August 23rd 2013
Conducting its operations for more than 19 years, GreenStar Agricultural Corporation is a food processing company based in the Fujian Province of China. Through its subsidiary, Fujian GreenStar, the company operates two primary divisions, agricultural and food processing.
GreenStar is presently trading at about 2.9 times its 12-month trailing earnings of $0.37 per diluted share. This P/E multiple doesn’t even take into account the company’s substantial $27.4 million working capital position which includes $14.2 million in cash or $0.44 per diluted share.
The current yield on the comapny's quarterly dividends is 3.7%.