march 28 2006 movies & home entertainment henry fund research the university of iowa b tippie school management walt disney co dis investment recommendation hold current price 27 09 xuelei yuan uiowa edu target 21 25 29 39 key index statistics 52 week range 22 89 00 market capitalization m 53 673 06 shares outstanding 1 925 84 institutional ownership 66 6 12 month beta 0 87 dividend &yield 98 earnings ttm 30 book mrq 2 15 sales 51 roa 5 13 roe 9 83 projected year growth 75 eps 2004 2005 2006e 2007e 2008e 2009e 14 50 67 81 94 all represent from operations based on restated financial statements valuation discounted cash flows 31 56 economic profit fundamental p e value 19 average 70 thesis we have a positives include moderate revenue and margin expansion increased creative strength resulting pixar acquisition aggressive share buyback plan franchising business as driver new distribution channels
