Question
I am in need of assistance identifying if the link below on Nike Inc. contains the information needed to Calculate the Constant Growth Stock Valuation
I am in need of assistance identifying if the link below on Nike Inc. contains the information needed to Calculate the Constant Growth Stock Valuation (CGSV) so that I can compare it to the current stock price. I have been trying to digest the information contained within the link, but am not sure what I should extract to inject into the formula below. For example, I see a growth rate of 19.53%, but am unsure if this is the growth rate that fits into the below formula. If the website provided does not yield the necessary data, can you please assist in identifying an appropriate source.
Constant growth formula: Price of stock= dividend for coming years / required rate - growth rate
Website: https://www.stock-analysis-on.net/NYSE/Company/Nike-Inc/Valuation/Ratios#Current-Valuation-Ratios
Thank you in advance!
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