Over Valued or Under Valued

Parameters The stock is presently

Actual Present Share Price 313.5 overvalued
EPS Growth Assumption 40.0%
Forward PE Assumption 11.2
EPS in Year 0 10.5
Current Dividend Per Share 3
Desired Return Per Year 12.0%

EPS Growth Calculations Year EPS

1 14.70
2 20.58
3 28.81
Total EPS over 3 years 64.09

Present Value Calculations

Expected Share Price in 3 Years 322.69
Dividend Payout Ratio 0.10
Total Dividends Per Share Over 3 Years 6.67
Expected Share Value at End of 3 Years 329.37
Present Share Value for Good Value 234.44
Over Valued or Under Valued
Parameters The stock is presently
Actual Present Share Price 1185 overvalued
EPS Growth Assumption 15.0%
Forward PE Assumption 13.5
EPS in Year 0 60.9
Current Dividend Per Share 6
Desired Return Per Year 12.0%

EPS Growth Calculations Year EPS

1 70.04
2 80.54
3 92.62
Total EPS over 3 years 243.20

Present Value Calculations

Expected Share Price in 3 Years 1250.39
Dividend Payout Ratio 0.06
Total Dividends Per Share Over 3 Years 15.75
Expected Share Value at End of 3 Years 1266.14
Present Share Value for Good Value 901.21