 Quantitative analysis (2023):
- Mixed multiple ratio: 15.52%
- PEG: 0.32 (undervalued)
- Benjamin&#39;s Intrinsic value: 26-40
- Owner-Earnings (PAT/Maintenance CAPEX/D&amp;A/Other non-cash charges/Changes in working capital): 783 billion.
- CAGR: 4.69%
-&gt; Discounted cash flow: recesssion
-&gt;Market cap: 5.200 billion ( Intrinsic value: 35.4k)
On the other hand: 
- Inflation protection index: 14.4%
- IRR&#39;s company: 17.78%
- Net tangible assets/price (2023): 1.38
Quanlitative analysis:
Products belonging to: Oligopoly
CEO&#39;s ability to allocate capital: (OE)OIC: 29.78, WACC: 6.11, Payout ratio: 34.88%. Dividend yield: stable growth. 
CEO &amp; Board of Director: Integrity
Conclusion: Value &lt; Price.
My purchase price: 2.530 -&gt; MOS: 93%. 
Number of year of payback (2023): 4.22. Profit: 1300% ( or CAGR: 27%/year)
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GARP ( Prof - CFA level 2) / Value-Growth Model
I don&#39;t explain knowledge on fireant. 


 Quantitative analysis (2023):
- Mixed multiple ratio: 15.52%
- PEG: 0.32 (undervalued)
- Benjamin's Intrinsic value: 26-40
- Owner-Earnings (PAT/Maintenance CAPEX/D&A/Other non-cash charges/Changes in working capital): 783 billion.
- CAGR: 4.69%
-> Discounted cash flow: recesssion
->Market cap: 5.200 billion ( Intrinsic value: 35.4k)
On the other hand: 
- Inflation protection index: 14.4%
- IRR's company: 17.78%
- Net tangible assets/price (2023): 1.38
Quanlitative analysis:
Products belonging to: Oligopoly
CEO's ability to allocate capital: (OE)OIC: 29.78, WACC: 6.11, Payout ratio: 34.88%. Dividend yield: stable growth. 
CEO & Board of Director: Integrity
Conclusion: Value < Price.
My purchase price: 2.530 -> MOS: 93%. 
Number of year of payback (2023): 4.22. Profit: 1300% ( or CAGR: 27%/year)
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GARP ( Prof - CFA level 2) / Value-Growth Model
I don't explain knowledge on fireant. 
