If you don't get the requirements right, it doesn't matter how well you do anything else. (Karl Wiegers)

Assuming a market size of **10000 millions $ **if the market grows by **20% **and the company's market share grows by **15% **( starting from a current market share of **8% **), with a gross margin of **30% **, a net income being **10% ** of the gross profit, a payout ratio of **25% **and a total of **100 millions** shares, the expected dividend per share equals **0.08 $**. Therefore, if your fair target dividend yield is **6 % **you should buy the stock at **1.38 $**.## Fair price

1.38 $