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 $.