MOEX: CHEP - ЧТПЗ

Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — 关键利率
Excess Key Rate — 期望超出关键利率
EPS = 0
CAGR EPS = 7.45%
Key Rate = 0.21
Excess Key Rate = 2
Price = 314 + (314 * 7.45% / 100) = 337.38

Price = (DPS * (1 + g)) / (Cost Of Equity - g)
Price - 价格公道
DPS — 当期股息
g — 预期增长率
DPS = 49.07
g = 0.2633
Cost Of Equity — 贴现率
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — 无风险回报率
β (beta) — 确定股票（资产）相对于市场的风险度量，并显示股票盈利能力变化相对于市场盈利能力变化的敏感性。
Risk Premium — 风险溢价——投资股票的风险溢价
Country Premium - 国家风险
k(f) = 8.53
β = 0
Risk Premium = 5.91
Country Premium = 12.94
Cost Of Equity = 8.53 + 0 * 5.91 + 12.94 = 0.2147
Price = (49.07 * (1 + 0.2633)) / (0.2147 - 0.2633) = 1276.72