SMART Global Holdings, Inc. - Ordinary Shares (SGH) Company Bio
SMART Global Holdings, Inc. designs, manufactures, and supplies specialty memory solutions worldwide. It offers DRAM modules for desktops, notebooks, and servers, as well as DRAM integrated circuits for SmartTVs; mobile DRAM and flash products for mobile devices; and specialty DRAM modules, and embedded and removable NAND flash products. The company was founded in 1988 and is based in the Cayman Islands.
SGH Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for SMART Global Holdings Inc. To summarize, we found that SMART Global Holdings Inc ranked in the 42th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for SMART Global Holdings Inc ended up being:
82% of the company's capital comes from equity, which is greater than 56.97% of stocks in our cash flow based forecasting set.
SMART Global Holdings Inc's effective tax rate, as measured by taxes paid relative to net income, is at 33 -- greater than 91.19% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Technology), SMART Global Holdings Inc has a reliance on debt greater than 73.4% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of SMART Global Holdings Inc? See DOCU, AMAT, IT, ADBE, and CDK.
SMART Global Holdings, Inc. (SGH) Q1 2021 Earnings Conference Call January 05, 2021, 04:30 PM ET Company Participants Suzanne Schmidt - IR Mark Adams - President & CEO Jack Pacheco - EVP, COO and CFO Conference Call Participants Kevin Cassidy - Rosenblatt Securities Raji Gill - Needham & Company Brian...
Smart Global Holdings reported better-than-expected 1Q results on Tuesday. Meanwhile, the specialty memory, storage, and hybrid solutions provider’s 2Q outlook also came ahead of the Street consensus. Smart Global's (SGH) adjusted earnings jumped 41.8% to $0.78 per share year-on-year and exceeded analysts’ expectations of $0.70. Moreover, its 1Q revenue increased by 7.2% to $291.7 million and surpassed the consensus estimate of $291.2 million. Smart Global expects its 2Q revenues to be between $285 million and $305 million (mid-point $295 million). The mid-point of the guidance range is higher than the Street estimates of $288.6 million. Meanwhile, its non-GAAP EPS forecast of $0.80 is also above analysts' estimates of $0.71.
Good afternoon and thank you for joining us on today's earnings conference call to discuss SMART Global Holdings' first quarter fiscal 2021 results. On the call with me today are Mark Adams, Chief Executive Officer and Jack Pacheco, Chief Operating and Financial Officer.