SSE: 1385 - Shanghai Fudan Microelectronics Group Company Limited

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — Key rate
Excess Key Rate — Desired excess of the key rate
EPS = 1.37
CAGR EPS = 0%
Key Rate = 0.0433
Excess Key Rate = 2
Price = 1.37 * (1 + 0%) / (0.0433 * 2) = 15.82