Can LinkedIn (NYSE:LNKD.DL) ever grow into its valuation? At 20.8 times sales, the stock is certainly expensive. In the video below, Fool contributor Daniel Sparks takes a look at LinkedIn's current growth trends and projects what its future earnings potential could look like in several years.

LinkedIn doubled its net margin and growing revenue by 72% in the last year, and Daniel believes that this young and fast-growing company could easily double its current revenue levels and net margin again in two years. By projecting two years out, Daniel is able to get a better look at the company's current valuation by adding a bit more perspective.

As it turns out, LinkedIn isn't terribly expensive after all.

Fool contributor Daniel Sparks has no position in any stocks mentioned. The Motley Fool recommends LinkedIn. The Motley Fool owns shares of LinkedIn. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.