Compare the result of your calculations with the current stock price. Is the stock overvalued, undervalued, or properly valued? Why? In accordance with your findings, is it reasonable to buy the stock? Why? Please explain your answer.

2.88% 7.50% Rm Beta 1.51 CAPM Re Rf+Beta*(Rm- Rf) 9.86% 2018 Re 2017 Income Equity 1,454,000 ROE Payout ratio 43.45% 8,630,000 7,957,000 4,333,000 183.64% 593.54% SGR 335.64% 593.54*(-43.45%) Price Dividend(1+growth) (Re-Growth) Year 2018 2017 2016 2015 Dividend 4.12 3.56 2.76 2.36 Dividend growth 15.73% 28.99% 16.95% Average 20.55% Forward expected dividend 4.2 Dividend growth 1 .94% Price 53.07 Current price is 175.96 Since current market price is more than 53.07, the stock seems overvalued