USD	2021 Est.	2020	2019	2018	2017	2016	2015	2014	2013	2012
Price	81.3	70.8	54.84	45.45	56.67	43.4	40.56	54.35	41.03	25.01
EPS1	4.70	2.52	5.61	6.61	5.87	5.16	4.88	4.35	3.38	3.05
BV2	12,319	11,720	11,132	11,159	11,712	10,219	9,117	8,673	9,639	9,458
Common shares2	302.6	300.4	315.8	347.5	373.9	393.2	412.7	433.2	461.6	461.6
BVPS	40.71	39.01	35.25	32.11	31.32	25.99	22.09	20.02	20.88	20.49
ROE	10.02%	6.46%	15.91%	20.58%	18.74%	19.85%	22.09%	21.73%	16.19%	14.89%

¹ Diluted EPS

² In millions

Consensus forecasted diluted EPS in 2022 is USD 6.81 per annum.

Hint: Magna is a mature company in a mature industry, so its market multiples should be relatively stable over time. Use the historical market multiples (P/E) approach, but consider that 2020 and 2021 are possibly outliers due to COVID 19. To estimate future earnings, the consensus forecasted diluted EPS may be used or a normalized EPS based on historical ROE and current BVPS data. No industry multiples are available as Magnas competitors are mostly subsidiaries of original equipment manufacturers.

Use the historical market multiples (P/E) approach. WACC is 8.99%.