You have been provided with information on three listed shares (AECI Ltd., BHP Group plc, Ninety One
Fantastic news! We've Found the answer you've been seeking!
Question:
You have been provided with information on three listed shares (AECI Ltd., BHP Group plc, Ninety One plc) in the table below.
AECI Ltd.
- EPS (Last Year's) - 6.28
- Plowback ratio - 76%
- Growth (Years 1-3) - 64.9%
- Growth (Years 4-7) - 22%
- ROE (long run) - 6.58%
BHP Group plc,
- EPS (Last Year's) - 4.36
- Plowback ratio - 68%
- Growth (Years 1-3) - 44.4%
- Growth (Years 4-7) - 18.9%
- ROE (long run) - 7.5%
Ninety One plc
- EPS (Last Year's) - 10.75
- Plowback ratio - 68%
- Growth (Years 1-3) - 66.7%
- Growth (Years 4-7) - 24.1%
- ROE (long run) - 12.55%
A. Calculate the value of each share assuming a discount rate of 17%.
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Posted Date: