CPALL 2020 Intrinsic VAlue 220, MOS 154

DDM Model
G,3% 15.20
5% 20.28
7% 29.90
10% 93.37860781

DCF : 220
PE : 93.37860781 (G=10%)
PBV : 109.06 (G=5%)

WACC 6.2%
Growth 15.7% (ROE*(1-Payout))