MOEX: MUGS - Мурманская ТЭЦ

Price = EPS * (1 + CAGR EPS) / (Key Rate * Excess Key Rate)
EPS = Earning Per Share
CAGR EPS = CAGR 5 EPS
Key Rate — Ключевая ставка
Excess Key Rate — Желаемое превышение ключевой ставки
EPS = -0.47
CAGR EPS = -315.98
Key Rate = 0.16
Excess Key Rate = 2
Price = -0.47 * (1 + -315.98) / (0.16 * 2) = 3.17