SZSE: 300223 - Ingenic Semiconductor Co.,Ltd.

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
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 = 1.4
CAGR EPS = 136.83%
Key Rate = 0.0458
Excess Key Rate = 2
Price = 1.4 * (1 + 136.83%) / (0.0458 * 2) = 36.2

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 = 0.08
g = 4.53
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) = 2.75
β = -0.8959
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.75 + -0.8959 * 5.94 + 0 = -0.0257
Price = (0.08 * (1 + 4.53)) / (-0.0257 - 4.53) = 0.0971