Question 5- EQUITY ANALYSIS AND VALUATION(H &M Berhad ) -Forecast the key variables needed to perform an accounting-based valuation. (Kindly state all the assumptions made to derive the projected variables).

- Determine the cost of equity capital either using the constant dividend growth model (DDM) or using the capital asset pricing model (CAPM)

-Using the data from the top two and an accounting-based valuation, compute the fundamental value (intrinsic value) of the company. Compare the intrinsic value per share with the current market price to determine whether the companys stock is undervalued or overvalued. Make recommendations on whether to buy or sell the companys shares. (Kindly state all the assumptions made to derive the projected variables in carrying out the accounting-based valuation).