Penney worth? Dante, one of the bullish SA authors, once identified this scenario as making J.C. Penney worth approximately $4 to $12 per share. My calculations using enterprise value to EBITDA indicate a value of anywhere from $1 to $11 per share. J.C. Penney will probably have some bullish momentum from the guidance, but long-term where it settles in that range will be determined by how well J.C. Penney can perform relative to its guidance. J.C. <br>Source: Kim Kardashian >J.C. Penney: A Ray Of Hope, But Be Careful Of Being Blinded</a>
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