Wednesday, October 20, 2010

Valuation of Portec Rail Products, Inc.

Portec Rail Products, Inc. ( www.portecrail.com ) (NasdaqGM: PRPX) engages in the manufacture, supply, and distribution of various rail products in the United States and internationally. It was founded in 1906 and is headquartered in Pittsburgh, Pennsylvania.


As of October 12, 2010, it had a 52 week stock price range of $8.55 – 12.00. As of December 31, 2009 it had a net income of $6,805,000. It had long term debt of $2,667,000 and net tangible assets of $22,778,000.

It is in the Railroad industry. Its competitors include Amsted Industries Incorporated, Lincoln Industrial Corporation, and Vossloh Track Material, Inc.

Portec Rail Products provides freight and transit rail products as well as manufacturing products to the food service industry. In 1993 they started offering environmentally tailored products.

This is a Green Business because of its basic business model. It is properly valued. This is a business with good overall fundamentals, from financials to its market position.

Sources:
Yahoo Finance
Portec Rail Products website

Gothic Green Sites/Blogs:

http://www.gothicgreen.biz/ Formula of Sustainable Design
http://ggtechstocks.blogspot.com/ Valuations of Tech Stocks
http://www.gothicgreenrealestate.info/ Real Estate and Development Valuations
http://www.gothicgreenrealestate.biz/ Gothic Green Real Estate
http://www.gothicgreensecurity.biz/ Gothic Green Security
http://www.gothicgreentransit.biz/ Gothic Green Transportation
http://www.battleforvictory.info/ Fiction Blog