Japan Post Insurance Co., Ltd.

Price = Avg Price + (Avg Price * CAGR EPS% / 100)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — Key rate
Excess Key Rate — Desired excess of the key rate
EPS = 1.76
CAGR EPS = 8.66%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 8.57 + (8.57 * 8.66% / 100) = 9.31

Price = (DPS * (1 + g)) / (Cost Of Equity - g)
Price - Fair price
DPS — Current dividend
g — expected growth rate
DPS = 0.69
g = -0.0838
Cost Of Equity — discount rate
Cost Of Equity = k(f) + β * Risk Premium + Country Premium (Damodaran table)
k(f) — risk-free rate of return
β (beta) — determines the measure of risk of a stock (asset) in relation to the market and shows the sensitivity of changes in the stock's profitability in relation to changes in market profitability. Beta can be calculated not only for an individual stock, but also for an investment portfolio.
Risk Premium — risk premium - premium for the risk of investing in shares
Country Premium - country risk
k(f) = 2.67
β = 0
Risk Premium = 5.94
Country Premium = 0
Cost Of Equity = 2.67 + 0 * 5.94 + 0 = 0.0267
Price = (0.69 * (1 + -0.0838)) / (0.0267 - -0.0838) = 5.72