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The following information has been provided in millions for Alpha Plc: 2018 2019 2020 2021 2022 Operating Income (OI) 2200 2500 3000 3800 Net Operating
The following information has been provided in millions for Alpha Plc:
2018 | 2019 | 2020 | 2021 | 2022 | ||||
Operating Income (OI) | 2200 | 2500 | 3000 | 3800 | ||||
Net Operating Assets (NOA) | 5600 | 6000 | 6400 | 7000 | 7500 | |||
Return on Net Operating Assets (RNOA) | 39.29% | 41.67% | 46.88% | 54.29% |
The required rate of return is 9%.
The book value of Net Financial Obligations is 3,000 million.
Alpha Plc is expected to have a growth rate of 4%
The company has 400 million shares.
Calculate the Value Per Share for Alpha Plc.
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