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Strategies & Market Trends : Dividend Growth Investing and chit chat. -- Ignore unavailable to you. Want to Upgrade?


To: Dave the wildpitcher who wrote (1517)12/7/2021 10:22:56 PM
From: chowder1 Recommendation

Recommended By
suncoaster

  Read Replies (1) | Respond to of 2146
 
Re: SNA Valuation

>> At $214 today it's a bit pricy, but in the right ballpark. <<

You don't currently want to own it and that's fair but if you did want to own it, your price is just 4% away. Would you allow 4% to keep you away considering it is slightly undervalued now?

I ask because a person's view can change regarding value when something they wanted to own got so close and then got away from them.

I suppose another way to play it ... if someone wanted to own it ... would be to buy part now and then buy the other part if price dropped. If price doesn't drop 4% then one would have a good base from which to build.



To: Dave the wildpitcher who wrote (1517)12/7/2021 10:38:54 PM
From: rnsmth  Read Replies (1) | Respond to of 2146
 
SNA +++ SNA median PE for the past 5 years is 14.+++

Median is not the appropriate mesure of central tendency here, as it is not a highly skewed distribution (where the median would be more appropriate) there are no big outliers that would lead one to use the median in order to reduce the influence of those outliers.

The mean is the appropriate measiure of central tendency for the 5 year P/E.. It is 14.4 (per SSD)

14.4 times your projected earnings is $210 a share.

In the fairly valued range, it looks like to me.