Narratives are currently in beta
Growth
Market Growth rate for next year
* 8.00%
* Keeping it low as growth has been high in last 2 years making the base number big
Compounded annual market growth rate year 2-5
* 12.00%
* Driven by improved domestic market share, new plant, acrylic business & growth in industry
Margin
Pre-tax operating margin for next year
* 12.00%
* Setting margin to company's 10-year average
Pre-tax operating margin (Target)
* 10.14%
* Setting it to the industry average. Number also aligns with the company staying competitive in the market
Reinvestment
Sales to Capital ratio (Current)
* 2.2
Sales to Capital ratio (Target)
* 1.84
* Industry average is 1.84 & Company's 10 years average is 1.56. With time company should reach to industry average
Discount Rate (Cost of Capital)
* 11.67%
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