You are tasked with estimating the price per share of Kimberly Clark. For the 2016 fiscal year, the company had EBIT of $3.328 billion, interest expense of $0.319 billion, and an income tax rate of 35%. Depreciation amounted to $0.705 billion and Capex was $0.771 billion. From the balance sheet, you note the following about working capital:

The company has an equity beta of 0.72. The 30-year T-bond rate is 3.04% and the market risk premium is 6%. The company has total debt of $7.63 billion and 0.365 billion shares outstanding. The company has a cost of debt of 4% and a D/E=0.16. Analysts expect that the Cash Flows will grow at 2.5% per year in perpetuity. Estimate the price per share of Kimberly Clark.

	12/31/2016	12/31/2015
Receivables	$2.176	$2.281
Inventory	$1.679	$1.909
Payables	$4.713	$4.680