Methode Electronics Inc. ($MEI) Possible Buy to $51 Confident Investor Rating: Good
Company name | Methode Electronics Inc. |
Stock ticker | MEI |
Live stock price | [stckqut]MEI[/stckqut] |
P/E compared to competitors | Good |
MANAGEMENT EXECUTION
Employee productivity | Poor |
Sales growth | Good |
EPS growth | Good |
P/E growth | Good |
EBIT growth | Good |
ANALYSIS
Confident Investor Rating | Good |
Target stock price (TWCA growth scenario) | $62.53 |
Target stock price (averages with growth) | $69.32 |
Target stock price (averages with no growth) | $31.71 |
Target stock price (manual assumptions) | $62.57 |
The following company description is from Google Finance: http://www.google.com/finance?q=mei
Methode Electronics, Inc. is a manufacturer of component and subsystem devices with manufacturing, designs and testing facilities in China, Egypt, Germany, India, Lebanon, Malta, Mexico, the Philippines, Singapore, Switzerland, the United Kingdom and the United States. The Company operates in four segments: automotive, interconnect, power products, and other. The Company designs, manufactures and markets devices employing electrical, electronic, wireless, sensing and optical technologies. Its components are found in the primary end markets of the automotive, appliance, communications (including information processing and storage, networking equipment, wireless and terrestrial voice/data systems), aerospace, rail and other transportation industries; and the consumer and industrial equipment markets.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Methode Electronics Inc.
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 Methode Electronics Inc. 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: $40.44
- Growth: 0.2
- Current EPS (TTM): $2.7
- P/E: 15
- Future EPS Calc: $6.71
- Future Stock Price Calc: $100.77
- Target stock price: $62.57
I hope that this makes you a better investor. [/s2If]