Select a company listed on an internationally recognised and well established Stock Exchange (e.g. London, New York, Tokyo, Mumbai) for which you can access the share price data over the past 5 years.

(i) Describe the companys business background (e.g. main shareholders/owners, features of products, CEOs background) (5 marks)

(ii) Discuss how successful the company has been at delivering value to its shareholders over the past 5 years. (6 marks)

(iii) Determine the current value of the equity in this company. Use at least two evaluation methods of your choice (e.g. Price/Earnings Ratio, Discounted Cash Flow, Dividend Based Valuation). Do you believe that the stock of this company is currently overpriced, fairly priced, or underpriced? Support your opinion with evidence, analysis, and argument. (8 marks)

(iv) How can you reconcile any discrepancies in your valuations?