Description

Westerbeke Corporation is primarily engaged in the business of designing, manufacturing and marketing marine engine and air conditioning products. The Company's marine products consist of diesel and gasoline engine-driven electrical generator sets, inboard propulsion engines, self-contained, reverse-cycle air conditioners and spare parts and accessories. In addition, the Company manufactures and markets electrical generator sets for use in non-marine applications.

For the six months ended 4/22/00, net sales rose 37% to $17.9 million. Net income increase 2% to $479 thousand.

Book Value (mrq*) $6.18
Earnings (ttm) $0.39
Earnings (mrq) $0.06
Sales (ttm) $16.23
Cash (mrq*) $0.06

Price/Book (mrq*) 0.47
Price/Earnings (ttm) 7.51
Price/Sales (ttm) 0.18

I think WTBK is a good bargain.

Catalyst

Noticed by value invstors like us. Shareholders push management for shareholder's value.