SanDisk Corporation ($SNDK) Possible Buy to $113 Confident Investor Rating: Good

Company name SanDisk Corporation
Stock ticker SNDK
Live stock price [stckqut]SNDK[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Good
P/E growth Fair
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $132.44
Target stock price (averages with growth) $140.74
Target stock price (averages with no growth) $67.1
Target stock price (manual assumptions) $131.23

The following company description is from Google Finance: http://www.google.com/finance?q=sndk

SanDisk Corporation designs, develops and manufactures data storage solutions in a range of form factors using its flash memory, controller and firmware technologies. The Company’s solutions include removable cards, embedded products, universal serial bus (USB), drives, digital media players, wafers and components. Its removable cards are used in a range of consumer electronics devices, such as mobile phones, digital cameras, gaming devices and laptop computers. Its embedded flash products are used in mobile phones, tablets, ultrabooks, eReaders, global positioning system (GPS), devices, gaming systems, imaging devices and computing platforms. For computing platforms, it provides storage solutions known as solid-state drives (SSDs) that can be used in lieu of hard disk drives. In July 2014, the Company acquired Fusion-io, developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in SanDisk Corporation.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of SanDisk Corporation calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $95.53
  • Growth: 0.17
  • Current EPS (TTM): $4.82
  • P/E: 20
  • Future EPS Calc: $10.56
  • Future Stock Price Calc: $211.35
  • Target stock price: $131.23

I hope that this makes you a better investor. [/s2If]

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