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Toyota Motor Corps stock price is about $ 1 5 7 . Consensus analysts forecasts about Toyotas earnings in 2 0 2 2 and 2

Toyota Motor Corps stock price is about $157. Consensus analysts forecasts about Toyotas earnings in 2022 and 2023 are $16.21 and $17.95, respectively. The book value per share is $160.6. The company has a payout ratio about 25%. The risk free rate for Japan capital market is 0.24% and the market risk premium is about 7.75%. Firm Beta is estimated to be about 0.64.a. Forecast book value, return on common equity, and residual earnings for 2022 and 2023.b. Provide a building block analysis about each companys stock price.c. What are the implied markets expectation about growth rates of Toyotas long-term residual income after 2024?d. If you are a value investor, how would you evaluate Toyota price and make investment decisions?Also what additional factors you may need to find out more information about in making your final decision?

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